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

To: Pancho Villa who wrote (1423)	12/28/1997 11:15:00 AM
From: kvogel	Read Replies (1) \| Respond to of 1773

To All: Technicals show PLSIA in trading range between 7 1/4 and 9 1/4. I expect a breakout to the upside to about 10 1/2 - 10 3/4 as the stock has been holding well around 7 7/8 and 8. Significant resistance at 10 5/8 where a triple top has been made. That would still put PLSIZ's at 2 7/8 - 3. I believe it will take some positive news such as FDA approval for children to break out higher. Positive news would be good for a couple of points. Exercise of Class A's going slow. Big boys are shorting PLSIA and PLSIZ and holding the warrants til the end since this doesn't cost them til they exercise and they have the money from shorting while being protected. Do your bargain hunting this week IMHO. Karl