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


To: kvogel who wrote (1444)1/16/1998 9:00:00 AM
From: Milk  Read Replies (2) | Respond to of 1773
 
Friday January 16, 8:38 am Eastern Time

RESEARCH ALERT - Premier Laser rated buy

NEW YORK, Jan 16 (Reuters) - Westfalia Investments Inc said it started coverage on shares of Premier Laser Systems
Inc with a speculative buy rating and a 12-month price target of $18 per share.

-- Analyst Peter Cardillo said in research note the stock was undervalued given the company's rapid revenue growth,
strengthening operating margins and excellent strategic positions in three separate potential billion-dollar markets.

-- Company develops and makes a broad range of patented laser systems and proprietary disposable fiber optic delivery
systems for the dental, ophthalmic and surgical markets.

-- Stock closed at 8-6/16.

((New York Newsdesk, 212-859-1610)

biz.yahoo.com