Palomar Medical Technologies, Inc. Message Board

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Biotech / Medical : Palomar Medical Technologies, Inc.

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To: ARCHIE P. who wrote (306)	3/11/1997 7:26:00 PM
From: ARCHIE P.	of 708

LINDA....LINDA...LINDA....I have nothing personal against PMTI. In fact quite the opposite. Almost two years through my H.J. Meyers broaker Mr S...M...... whom dearly loved this stock, I purchased an extremely large position in the company in the $2.00 dollar range. At this period in time PMTI was virtually unknown. The company had a smart cookie of a CEO, and through his leadership the company began to both grow in size and stock price. In my opinion at that time he was doing a great job for his shareholders. In less than a year the stock went from 2 to 16 5/8 an all was well in PMTI land. I personally made a nice ammount of money in this company and began to turn negative on it when my broaker began to say that he thought the insiders were beginning to pad their pockets at the expense of the shareholders. The share count began to rise rapidly as the options game for the insiders transpired during the share price rise. In my opinion the expantion program should have stopped long ago and shareholder considerations should have become the priority. At one time Linda I was in love with this company. Steavy G. has sold the shareholders out, too many losing deals of late...........Archie

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