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Biotech / Medical : Palomar Medical Technologies, Inc.

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To: PTC who wrote (177)2/1/1997 10:58:00 AM
From: jeeza   of 708
 
PTC ....just for your information

I am not an insider...nor do I have any inside info

I am invested in PMTI due to the folowing reasons

1. cosmetic market is a multi-billion dollar global market
2. company has "niche" products which will make them a market leader in certain segments
3. I trust the management
4. Earnings explosion in 1997-98
5. I have patience :-)

and thats just the medical side
Nexar is just a FREE BONUS u r getting now
Nexar computers are showing great sales growth...ask anyone who works with the Feds in DC

their foldable memory technology has potential in auto and computer industry....waiting to hear some licensing contracts

I don't know whether u r a chartist or not but PMTI chart has very good fundamentals showing on it...9-10 resistance will be overcome with positive earnings report
as for those who bought PMTI in 14-17 range based on hype last summer...sorry but u will need some more patience till spring/summer
when u don't do your homework...u pay the price

as always...my 2cents worth

checkout this site ....shows earnings for $0.95 for 97
PMTI selling at 62% discount to peers

stocksmart.com
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