Palomar Medical Technologies, Inc. Message Board

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Biotech / Medical : Palomar Medical Technologies, Inc.

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To: icecreambug who wrote (170)	1/29/1997 3:32:00 PM
From: jeeza	of 708

patience..patience...patience Rome was not built in a day did anyone check how much the institutions are holding ? do u know that Travellers Group has invested $6M in PMTI its still january...and its F*&^%$ cold as hell here spring is a long way off Doc PMTI average vol is 400,000 shares/day if the price drops by 1/2 point on 100,000 shares...it is only fools who don't understand the company sell-out at a loss its a game between you and the market maker ...afterall he earns his money by buying low and selling high...so if u believe in buying high and selling low...he will be very happy to do so if u read the press releases issued during the past two weeks they have got new directors and 2 new VPs to further their computer and laser sales....only a growing company makes new appointments..not one that has financial problems MSFT was once a $10 stock amgen once traded at 1/2 !!! I am surprised Doc that u don't appreciate the potential of the lasers for cosmetic purposes...its a billion dollar world wide mkt and they are already selling to people in UK,Japan,australia the smart people = big boys are accumulating shares at this time the small investor on average..never has patience...we always want a fast buck....its phychology...and the market maker plays it to his advantage if u sit on this one till next christmas...u will be one of those lucky ones to have made a small fortune as for that 2.7M lawsuit...it was specifically meant to encourage the small investor to sell his shares....did u see a million shares traded on that day with a big drop...NO !!! my 2 cents worth...which will be $2 worth if u have patience

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