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

To: Sr K who wrote (1523)	4/6/1998 11:25:00 AM
From: George Kirlin	Read Replies (1) \| Respond to of 1773

BEK, seems like the market likes the $10 price and the Z at @ 2 1/2 - 2 9/16. What appreciation might be available in the Z if we do get the kiddy laser approval before quarter announced? Or the downside of the qtr falls short? I don't think the approval is coming before the qtr is announced and we see more downside because of built up inventories pending approval. We could see 9 and a Z at 2 1/4 or so I believe. If you want to hold longer term, as I do and am still waiting to get back in, I'm thinking of waiting for a bad quarter and then hopping back in. Approval would be worth the 2 pts again and callon the convertables. Any thoughts?