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Biotech / Medical : LASRF FDA OK Laser Hair Transplant Device -- Ignore unavailable to you. Want to Upgrade?


To: Trace who wrote (85)11/10/1997 4:47:00 PM
From: Jens  Read Replies (1) | Respond to of 91
 
In Germany LASRF opened today at DM 41,- and luckily I was able to add some more shares at this price (equal to US$ 24,-). I will sell this additional stock tomorrow hopefully with some quick profit.

New York closing price of ESCMF=39.1875
LASRF=27.75
Value of LASRF: 0.75x39.1875=29.39

The discount is probably caused by missing information, and the risk of failure of this merger.

I will keep about 50% of my current position for a longer time (LASRF's growth rate of 25-30% is not to bad)

But just guessing arround, of course..

Regards

Jens