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Biotech / Medical : Palomar Medical Technologies, Inc.
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To: jeeza who wrote (301)3/10/1997 7:05:00 PM
From: James K. Webster   of 708
 
Jeeza,

Here are my thoughts maybe you think the same. There are only a limited number of shares for this stock. Possibly good news is in the wake and in the near future. but you want to pad your friends with some cheap stock. So you get people to sell the small investors because we are impatient, really can't afford to lose the money or just tired of hipe.

Law suites, fda approval new market swing or ipo take your choice. there is something to this stock. No body invest millions on hipe especially the latest investor. No I think a little insider trading is going on for some people to make a real killing. If you've held for a year or more stand your ground. These are my thoughts for what its worth.

I don't know how accurate this First Call is but they are projecting a 285% increase for pmti new year end. If this is hog wash then what credibility would they stand to make. No there is something big coming and I'm going to wait it out.

Jim
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