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Biotech / Medical : Palomar Medical Technologies, Inc.

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To: jeeza who wrote (168)1/29/1997 7:50:00 AM
From: Dr. Dennis J. Wydra   of 708
 
Dear Jeeza,

Ground Hog day is near, but PMTI breeds fear. It's the end of January and their stock is rolling backwards (8 3/8 this AM). Your forecasts last fall were to see PMTI growing to 15 -20+ this spring.

I did obtain an investment pack and frankly, I don't believe all of the hype in the pack. I think something is seriously wrong with a corp that is sued by its financial advisor. It seems PMTI is making money, but that money is staying with the top executives who don't seem to care about their share-holders.

I'm not buying any more PMTI until the CEO and his expanding executive staff demonstrate their competence.

Dennis
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