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. More Info PLSIA Stocks News Symbol Name Quotes/News Digest Real Time Quote Stock Charts Analytics Earnings MarketGuide Nelson's SEC Filings Baseline Zacks First Call Hoover's IPO DJ Pubs Library Advanced Search Only $9.99 per trade.