Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Biotech / Medical : SNRS- Sunrise Technologies -- Ignore unavailable to you. Want to Upgrade?

To: Sir Auric Goldfinger who wrote (2873)	7/26/1999 5:06:00 PM
From: nab	Read Replies (2) \| Respond to of 4140

Con-Call is very positive... No downside so-far: 1. Company has the capital $20M in bank, burn rate for the last 1/2 year was 6M (far less than others in the same biz). 2. Advisory Panel has been overridden by the FDA in optical surgery before. 3. SNRS believes that their data is "statistically" adequite for approval and will argue/discuss this with the FDA this week. 4. CEO is very sharp! 5. No insiders to his knowlege have sold any shares since the Panel meeting. NB

To: Sir Auric Goldfinger who wrote (2873)	7/26/1999 6:06:00 PM
From: majormember	Read Replies (2) \| Respond to of 4140

Auric, The more I think about this post I made, the more the pieces fall together. Tim Marcotte was a young CFO & Director of SNRS.....certainly had a big future if the company was successful. He was also the point man in the dog and pony show to Naz officials when it was on the BB. As CFO, he was "in the loop" on everything. This thread was VERY surprised that he was fired for exercising his stock options with a company that had all this potential. Perhaps he knew something, but for 2 Million, didn't give a rats ass about being canned...in hindsight, we longs should have looked into this firing as a "Red Flag" and done as much DD on that event as we did on the company. investor.msn.com >>>VISX beat the crap out of BEAM a few years back Yup, though BEAM reached $30 before VISX, if fell rapidly since VISX had the better machine back then. My "wise" Uncle in Rye first bought VISX at $4 and held. His advice was to find one or two great stocks and hold them, that's how you become wealthy. I thought I was doing that with SNRS...LOL! Btw, looks like your Tulipmania contest is primed for a winner.