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Strategies & Market Trends : Attitude Small Stock Discussion -- Ignore unavailable to you. Want to Upgrade?


To: David Graham who wrote (266)11/18/1997 2:58:00 PM
From: majormember  Read Replies (1) | Respond to of 385
 
As for FDA approval, Sunrise Technologies, SNRS has a YAG Holmium
corneal shaping laser in the works that has a greater market potential
than the current excimer lasers produced by VISX & Summit.

Red Chip Review gives them a "B" rating and says Co. is better
managed and has superior "non-invasive" far-sightedness correction.
Current CEO is ex-Algan Sr.V.P. responsible for many FDA approvals.

Currently sells at 3 3/4. Assuming FDA approval, valuation could go to the moon; (what would the valuation be for going into Dr. wearing
glasses, and walking out, without cutting eye tissue as w/ LASIK?

If anyones interested check out:
ifw.com

Co. home page: sunrise-tech.com

Skane