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Biotech / Medical : Palomar Medical Technologies, Inc.

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To: jeeza who wrote (178)	2/2/1997 11:04:00 PM
From: Dr. Dennis J. Wydra	of 708

Dear Jeeza, I read your 2/1 post and I appreciate your thoughts on PMTI. I did some homework on this thread and went back to read all 178 posts to last April 18. It sure is nice to know this thread moved from some early nastiness to a rather professional place. I am glad you stated you trust the management. I still don't because they seem to be wearing too many venture hats and don't have focus, at least not on their shareholders. On October 20 (#81) you discussed Nexar and indicated - I see this as a very bullish sign...we should be breaking 10 soon looking forward to seeing positive earnings and a nice push to 12 On October 30 (#86) you stated - I wish I knew why PMTI is showing so much whip-saw activity either the big boys are bailing or accumulating based on info not known to the investor on the street share holder meetings on 14th...hope to hear some positive news cheers to the hair removal people On October 30 (#87) you stated - dumped at 7 1/8 looks like resistance at 5 FDA approval seems another few months along good luck for those still sailing On October 30 (#90) you stated - u don't have to be a genius the market tells you where this one is heading big volume + price drop in past few weeks = big boys bailing out closing price charts clearly show a downward trend good luck...will buy back at 5..maybe 4 or 3 Charts for PMTI for the past 12 months show 5 7/8 - 16 7/8 with a Friday close of 8 1/8. The charts indicate a lot of investors have lost a lot of money with PMTI. You sold your PMTI on 10/30 but just 12 days later... On November 12 (#98) you said - BUY...BUY...BUY revenues set to explode in last quarter 96 and 97 looks like PMTI is really a 20 buck stock....maybe more:-) hang on to your hair folks!!!....heh heh :-) Can you tell us why you sold on 10/30 and then said buy 12 days later? There was a slight surge after 1/1 but is this stock at 8 1/8 on 2/3 where you predicted it? I know PMTI made a run from 2/1/96 to June 96, but then it crashed. I just received an investment newsletter from Vanguard and it reviewed the stock market for the past 70 years since '26. They cite only 5 times where we have seen back to back bull runs of 30% or greater gains per year over 24 months in the market. Then they indicate what historically happens after those two spectacular years. The bears run wild. If the bears come out of hibernation this spring, do you still think PMTI is going up to 20? I teach technology courses and I don't think Nexar is going to hold an edge over the industry with modular computers. Computer obsolescence is the only thing that is certain in these times. How many PCs has Nexar upgraded to MMX technology as of 2/3/97? Any at all? If Nexar is such great company, why doesn't Bill Gates buy this company? Does anyone know what PMTI's chart will be for 1997? Thanks, Dennis

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