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To: Tom Swift who wrote (2977)7/22/1999 11:39:00 PM
From: dumbmoney  Respond to of 7056
 
Another one bites the dust:

biz.yahoo.com

FDA Panel Does Not Recommend Approval of Sunrise LTK System for Treatment of Low to Moderate Hyperopia at This Time
...

SunRise filed lawsuits against its critics:

thestreet.com

Sunrise Tech Takes Critics to Court
By Jesse Eisinger
Senior Writer
7/19/99 7:00 PM ET

You might think that developing a product, trying to get it approved and then selling it would be enough. But Sunrise Technologies (SNRS:Nasdaq) apparently wants its pound of flesh, too.

The company doesn't like what some people on Wall Street have been saying about it, so it's taking them to court. Last week, it filed to get an emergency injunction and restraining order against Sturza's Institutional Research and Avalon Research, two boutique firms that have written sharply critical research reports on the surgical laser company. It wanted to have them immediately stop writing about the company and sharing their investment opinions with clients. That was thrown out by a judge in Northern California District Court Friday.

Despite its lack of success in court so far, Sunrise isn't giving up. Late last week, it sued both firms for defamation as well.

.....



To: Tom Swift who wrote (2977)7/23/1999 6:41:00 AM
From: Janice Shell  Respond to of 7056
 
Ahhh, then that explains why it sounded so odd. The business about the Grand Jury investigation that was only expected to last a week shoulda been a major tipoff...