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Biotech / Medical : Palomar Medical Technologies, Inc.

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To: Diamond Jim who wrote (615)12/18/1997 9:57:00 PM
From: BARRY ALLEN  Read Replies (1) of 708
 
Hey Jim.....still hanging on. Got so many tax losses recently that I don't need to take any more. Accumulation?? Not now....PMTI is under heavy Distribution! But have no fear, given the history of this stock, there will be another run-up. When? That's anyones guess....but not under these market conditions. Probably the first half of January. Looking back, the time to get out was right after FDA approval. Now one can only hope for a minimal upsurge to $2-3.00. Only huge revenues and some positive earnings will take this puppy back to the lofty levels of yesteryear!

Barry
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