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Biotech / Medical : PLSIA (Premier Laser Systems) -- Ignore unavailable to you. Want to Upgrade?


To: Pluvia who wrote (1731)9/1/1999 5:33:00 PM
From: Spark  Respond to of 1773
 
September 01, 1999 17:15

TheTruthseeker.com Announces Investment Opinion on Premiere Laser Systems, Inc.
NEWTON, N.J.--(BUSINESS WIRE)--Sept. 1, 1999--
TheTruthseeker.com Initiates Coverage On Premiere Laser Systems,

Inc. With an Immediate Sell Recommendation

Today Premiere Laser (NASDAQ:PLSIA) announced a 510K FDA approval on it's BLULAZE system.

After considering PLSIA's history of problems and their ongoing SEC investigation into fraudlent revenue recognition, the outstanding litigation involving a class action lawsuit, we are advising the public and our members to sell their shares immediately.

Additionally after reviewing PLSIA's latest quarterly report filed Aug. 16, 1999 it is clear that they face a significant cash crisis, including their reported "Cash and Cash Equivalents" of less than $900,000 versus current liabilities of $9.9 million.

We believe PLSIA's announced FDA approval of a new dental device is insignificant and immaterial, as the product is expensive and merely another version of existing technology.

TheTruthseeker.com is an Interactive Online Magazine and E-mail service site. TheTruthseeker.com issues Truthseeker Reports on a weekly basis. Some of the past reports by The Truthseeker include USATalks.com (USAT) and 2TheMart.com (TMRT). The Truthseeker Reports are sent to our contacts at the SEC after being released to our members. The newest report is only available to site members. Only archived reports are available to the public. To learn more about membership benefits, and how to sign up, visit us below:

For additional info, please visit us at: thetruthseeker.com

CONTACT: TheTruthseeker.com, Newton
Floyd Schneider
Phone: 201/226-7386
Fax: 201/843-5997





PREMIER LASER SYSTEMS'A' - PLSIA
Price 4.00
Net Change +2 1/4
Volume (000) 9132
Day High 5 7/32
Day Low 1 31/32

as of
09/01/99 17:21 PM EDT

Only $9.99 per trade.

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PLSIA

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To: Pluvia who wrote (1731)9/1/1999 6:27:00 PM
From: Sr K  Read Replies (1) | Respond to of 1773
 
I guess I'll be a "Truthseeker" since you and Sparks misstate figures from the 6/30/1999 10-Q. The figures you refer to are in that 10-Q but from 3/31/1999. The 6/30/1999 cash and equivalents (including restricted cash that was part of the recent private placement) was more than $3.05 million. Why would you both misread the same data and assume that the right side was the recent data and misread the dates at the top of the column? Sparks obviously rushed his report and didn't proofread it, but Steve, I thought you were careful with facts and your statements.



To: Pluvia who wrote (1731)9/7/1999 10:16:00 AM
From: Pluvia  Read Replies (1) | Respond to of 1773
 
GOOD MORNING COLETTE - HOWS MY FIST?

Looks like your stock came down just as fast as it went up?

This makes Pluvia VERY happy - and rich too, because Pluvia shorts your stock every time it runs...

Pluvia loves really crappy management like PLSIA's. Heck shorting PLSIA is like printing money...

Thanks CC - I owe ya a BIG 'ol bag a donuts...

Cheers Steve