Pluvia,
Thanks for info. They are certainly buying stock cheap but OISI is running losses also. Here's article:
OPTHALMIC IMAGING SYSTEMS target of 13D by PREMIER LASER
SYSTEMS INC. Reports 28%.
IFN Smart Edgar News - December 29, 1997 18:52
%SIC3845 %MER %manda %5pctPurch PLSIA V%IFN P%SMRT
Excerpted from SC 13D filed on 12/29 by PREMIER LASER SYSTEMS INC:
OPTHALMIC IMAGING SYSTEMS INC target of 13D by PREMIER LASER SYSTEMS INC.
Reports 28%.
Item 1.
The class of equity securities to which this statement relates
is the common stock, no par value per share (the "Shares"), of OPHTHALMIC
IMAGING SYSTEMS, INC. (the "Issuer").
(End of item excerpt.)
Item 2. Identity and Background.
The name of the person filing this statement is Premier Laser
Systems, Inc., a California corporation ("Premier").
The address of the principal business and the principal office
of Premier is 3 Morgan, Irvine, California 92718. The name, business address,
present principal occupation or employment, and citizenship of each director and
executive officer of Premier is set forth on Schedule A.
(End of Item Excerpt)
Item 3. Source and Amount of Funds or Other Consideration.
The aggregate amount of funds required by Premier to purchase
the Shares directly owned by it referred to in Item 5 hereof and to pay related
costs was approximately $1,527,067. All of such amount was obtained from
Premier's working capital.
(End of item excerpt.)
Item 4. Purpose of Transaction.
Premier has acquired the Shares reported herein for investment
purposes based on Premier's belief that the Shares represent an attractive
investment opportunity at this time. Premier may make additional purchases of
Shares or may dispose of all or a portion of the Shares that are presently owned
or hereafter acquired, either in the open market or in private transactions,
depending on Premier's evaluation of the Issuer's business, prospects and
financial condition, the market for the Shares, other opportunities available to
Premier, prospects for Premier's own business, general economic conditions,
money and stock market conditions and other future developments and factors that
Premier may deem material to its investment decision.
Premier intends to study its investment in the Shares of the
Issuer and decide whether it wishes to request a seat on Issuer's board of
directors or take any other actions. To assist Premier in this process, Premier
(End of item excerpt.)
Item 7. Materials to be filed as Exhibits.
Exhibit 99 Retainer letter for Josephthal & Co. Inc.,
referred to in Item 4.
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I hope this is more than Christmas shopping. Seems like they have more than they can manage already. They are becoming the Home Depot for Optometry and Dental Lasers.
Karl |
