Palomar Medical Technologies, Inc. Message Board

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Biotech / Medical : Palomar Medical Technologies, Inc.

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To: Dr. Dennis J. Wydra who wrote (103)	12/7/1996 3:15:00 PM
From: James K. Webster	of 708

Dennis, Palomar is a holding company with other interests besides Lasers. It is there culmination of company holdings which makes them attractive to the long term holder. It is true they have had problems with the FDA but this is expected to be resolved soon. A like company into lasers only is Thermolase on the American Stock Exchange. This company is going for around 20.00+. Palomar offers a wider range of lasers. Other good assets of this company is Nexar. They have a government contract through GTSI. Palomar also holds a Simm (computer memmory) manufacturing company offering 64 and 128 meg simm chips, in line with upcoming memmory capacity of pc's to come. The flux you mention in may and june was due to the internet hype. All the techstocks went up due to this palomar no exception. This should not be confused as corporate performance. I have been following this stock for some time and in the words of Dan Dorfman a year ago it is expected to be in the 20.00's+ range. That time frame comes due this march. Things to note are the corporate revenues have steadily increased. stock performance has not dropped significantly over the long term for over a year. For the most part it has stayed around 7.00. Remember the Stock crash not but a few months ago, well Palomar did not flinch. I am not advocating this Stock although I own quite a few shares. This low is good for long term riders to buy more. Yes I believe it is being manipulated to scare to little guy out not willing to risk. The majority of people in this country approaching 40+ and vanity to stay young, Palomars laser technology is going to ride the waive. Timing is everything for a company to servive and excell. Don't miss the ride but be patient! Jim Webster

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