PLSIA (Premier Laser Systems) Message Board

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Biotech / Medical : PLSIA (Premier Laser Systems)

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To: Tom Dooley who wrote (1567)	5/6/1998 11:16:00 PM
From: Pluvia	Read Replies (1) of 1773

Greetings Tom, <<<I reason that either the recent news was more or less expected and already discounted into the price, or that there just aren't many sellers left out there.>>> Well I think there might be another scenario also. All the buyers are gone, and that will leave nothing but sellers who get fed up and bail. I invest based on risk reward. low risk high potential reward. I would rather miss a trade that would have made money, than make a bad trade. I try to build a high % of winning to losing trades. IMO this company is still faced with significant risks. I agree with Spruce -- it is a train wreck and will need some significant clean up for it to EVER be an attractive buy. Better risk elsewhere. There is no need to try to pick a direction on this stock to make money -- heck there are 8,000+ other stocks out there. As far as this bottoming. IMO buyers have had this price to buy for three days and are not clamoring to their broker to place an order. Good Luck Steve

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