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Biotech / Medical : SNRS- Sunrise Technologies
SNRS 0.0000010000.0%Jun 6 11:01 AM EST

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To: bob beck who wrote (1072)6/12/1998 7:42:00 PM
From: Joe  Read Replies (1) of 4140
 
I will be adding to my position on Monday morning as well (order already in on E*Trade). I wasn't watching the stock today or I would have bought before the close.

I thought I would relay this post from Yahoo, a real gung-ho SNRS'r named GR8LYINTERESTED. (I think he is right!)

<< Good afternoon to all...

I just placed an order for another large block of shares and here is why...

1) It is my educated guess that Sunrise will anounce NASDAQ listing at the RED CHIP conference in New York City a week from today.
In the past Sunrise has presented at the shows and there has been a corresponding uptick in prices around the shows.

2) It is another guess that if the did line up any prospects for sales of machines in Europe that enough time has passed that they could
anounce "tentative" agreements. There has been enough talk and negotiation time, now it is time to commit.

3) Bloomberg news and the Redchip have a rather close afilliation and I have been told that out of the 20 (or so) presenters at the show that
Bloomberg has chosen a couple companies to "broadcast" to the news compamnies and Sunrise will be one of them.

4) Sunrise was "late" to sign up for this conference which indicates to me that they have somthing that would make them want to go all the
way to NYC to tell about. I think they have an ace up their sleeve.

5) I also saw the Silicon site that told of the possible upcoming news story tonight, this should generate even more positives for Sunrise.

6) According to my source at the Redchip there seems to be a lot of institutional investors signed up for the conference which also boads
well for sunrise.

I feel confidant that the wheels are just begining to turn again and the momentum is starting. All the pieces are in place...

- S&Ps listing as pick of the week
- A possible public anouncement of NASDAQ listing
- The stock at a "buying" level
- The institutions heavy at the Redchip show
- The ease of a news story

I believe that the stock will easily break the $10 level inside two weeks. As soon as I am done typing this I will be making plane
reservations to Southern California to visit the company offices then I will head to NYC to get the rest of the story.
Stocks almost always move before the story is broke, and I hope to be there this time. Best to all!

As Always...
Go Sunrise!!!>>
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