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Biotech / Medical : SNRS- Sunrise Technologies

SNRS 0.000001000

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Jun 6 11:01 AM EST

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To: emil who wrote (1478)	8/13/1998 5:31:00 PM
From: Joe	Read Replies (1) of 4140

The event happened with the press release. If you look at other OTCBB to NASDAQ NMS transitions, the move happens with the announcement, not the day trading begins. IMO institutions are not just going to jump in the day the stock is listed. Listing means they will be able to come aboard. But most are going to want to learn more before they commit. Some of the post announcement volume has no doubt been institutional, but SNRS will have to do some selling to get more institutions on board. Lets see what the Q does tomorrow. I am hoping for sales over $1M but have not got a clue as to what they will be. The Q2 '98 over Q1 '98 number is the one we should be looking at since Q2 '98 over Q2 '97 does not mean much with divestiture of the dental business. Q1 was only $102K. If we saw a 1000% Q2 over Q1, that would be great. Hope it is not a 2X or 3X. Joe

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