Palomar Medical Technologies, Inc. Message Board

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Biotech / Medical : Palomar Medical Technologies, Inc.

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To: Tipster who wrote (191)	2/13/1997 6:40:00 PM
From: Greg Growth	of 708

FYI - earnings are due out in mid-March according to the company. Earnings are forecasted at $-0.01 for operations. I have heard rumors that the company may include a lawsuit settlement of $-0.07. to pave the way for a NEXAR spin-off. This may account for the difference in earnings estimates. I have also heard that the FDA approval for hair removal may be any day (caution: FDA approval rumors seem to be constantly around). I have been invested in this company for over a year and just bought some more today. Patience is necessary for the company to turn the revenue growth into profits. I just found this tread recently. I hope this information is helpful. Greg

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