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Biotech / Medical : PLSIA (Premier Laser Systems)

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To: Art who wrote (1319)11/23/1997 5:00:00 PM
From: Pancho Villa  Read Replies (2) of 1773
 
Art, there is no easy to answer to any of these questions. A lot of the doubts are similar to the doubts people had about music CD's as replacements for vinyl. Of course, investing in PLSIA is not like investing in PG (well at the current multiples who knows!), there is of course a specultative/risky nature to the investment. I am long the stock but I am not betting my ranch on it. So far, I believe in management and they seem to be capable of managing growth. In terms of taking a contrarian approach and shorting the stock, perhaps you are aware that there is a substantial number of shares shorted. IMO this is a dangerous thing to do with this stock, but I may be wrong.

Regards,

Pancho

PS: I doubt the company would be involved with the solicitation you have received. In any event trust no one. Do your own homework.
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