Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Pluvia who wrote (1425)	12/29/1997 10:12:00 PM
From: kvogel	Read Replies (2) \| Respond to of 1773

Pluvia, Thanks for info. They are certainly buying stock cheap but OISI is running losses also. Here's article: OPTHALMIC IMAGING SYSTEMS target of 13D by PREMIER LASER SYSTEMS INC. Reports 28%. IFN Smart Edgar News - December 29, 1997 18:52 %SIC3845 %MER %manda %5pctPurch PLSIA V%IFN P%SMRT Excerpted from SC 13D filed on 12/29 by PREMIER LASER SYSTEMS INC: OPTHALMIC IMAGING SYSTEMS INC target of 13D by PREMIER LASER SYSTEMS INC. Reports 28%. Item 1. The class of equity securities to which this statement relates is the common stock, no par value per share (the "Shares"), of OPHTHALMIC IMAGING SYSTEMS, INC. (the "Issuer"). (End of item excerpt.) Item 2. Identity and Background. The name of the person filing this statement is Premier Laser Systems, Inc., a California corporation ("Premier"). The address of the principal business and the principal office of Premier is 3 Morgan, Irvine, California 92718. The name, business address, present principal occupation or employment, and citizenship of each director and executive officer of Premier is set forth on Schedule A. (End of Item Excerpt) Item 3. Source and Amount of Funds or Other Consideration. The aggregate amount of funds required by Premier to purchase the Shares directly owned by it referred to in Item 5 hereof and to pay related costs was approximately $1,527,067. All of such amount was obtained from Premier's working capital. (End of item excerpt.) Item 4. Purpose of Transaction. Premier has acquired the Shares reported herein for investment purposes based on Premier's belief that the Shares represent an attractive investment opportunity at this time. Premier may make additional purchases of Shares or may dispose of all or a portion of the Shares that are presently owned or hereafter acquired, either in the open market or in private transactions, depending on Premier's evaluation of the Issuer's business, prospects and financial condition, the market for the Shares, other opportunities available to Premier, prospects for Premier's own business, general economic conditions, money and stock market conditions and other future developments and factors that Premier may deem material to its investment decision. Premier intends to study its investment in the Shares of the Issuer and decide whether it wishes to request a seat on Issuer's board of directors or take any other actions. To assist Premier in this process, Premier (End of item excerpt.) Item 7. Materials to be filed as Exhibits. Exhibit 99 Retainer letter for Josephthal & Co. Inc., referred to in Item 4. ------------------------------------------------------------------------ DISCLAIMER: The information provided through this news feed is excerpted from documents filed with the Securities and Exchange Commission (SEC) and should not be relied upon without review of the full documents filed with the SEC. In no event will Internet Financial Network, Inc., its officers, directors, employees, stockholders or agents, be liable to you or to any third party for any damages, costs or expenses arising or incurred in connection with any action taken or failure to act that is based upond the information contained in or omitted from this news feed or the documents filed with the SEC. ------------------------------------------------------------------------ I hope this is more than Christmas shopping. Seems like they have more than they can manage already. They are becoming the Home Depot for Optometry and Dental Lasers. Karl

To: Pluvia who wrote (1425)	12/29/1997 10:25:00 PM
From: kvogel	Respond to of 1773

Pluvia, Here's some info on OISI: biz.yahoo.com biz.yahoo.com The company looks pretty interesting but is one of those companies struggling without sufficient cash to bring its products to market. This is where PLSIA stands strong and it sounds like they might be doing something smart which can tie in with their other businesses. I appreciate your posting this info as PLSIA releases most information several hours away from when the market trades. Karl