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Biotech / Medical : Palomar Medical Technologies, Inc. -- Ignore unavailable to you. Want to Upgrade?

To: Toni Smithson who wrote (645)	2/17/1998 8:04:00 PM
From: Toni Smithson	Respond to of 708

Another question -- the 1/29/98 news release about the FDA approval of the Diode laser which seemed to send the stock up so much (albeit before the release) . . . is that the same FDA approval that Ted mentioned in a post in early December??? If so, and if the news is really positive, then why would the company sit on this news for so long while its stock was trading below $1 and they were in danger of being delisted? Sorry, I really don't mean to be a bear, especially since I'm new here . . . but there are too many things about Palomar that sound fishy (like the price more than doubling in a few weeks on news that might not be all that positive -- which wouldn't be the first time, btw).