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

To: Matt Quigley who wrote (1557)	4/24/1998 12:56:00 AM
From: Altaf Amin Jadavji	Read Replies (2) \| Respond to of 1773

Any ideas on the 20% rebound today (in a down market at that). I finally bailed booking a 50% loss last week. Too much back and forth here. Regards,

To: Matt Quigley who wrote (1557)	5/2/1998 9:57:00 AM
From: Pluvia	Read Replies (1) \| Respond to of 1773

<<<Since you have a negative view of PLSIA what conditions need to happen for you to see PLSIA as an investment?>>> Matt, Sorry to take so long to respond, been busy and at other places on the net. I think you ask a very good question. And I think the answer is fairly simple also. Get new management. Find a business that can make money, I don't think laser dentistry is it. I do not think PLSIA's dentistry equipment has much of a chance of making the company money. I don't know the opthamology market and as such I won't comment on their slated products in that area. Heck, I don't even know how to spell "opthamology". What I will say is the same thing I have said many times in the past. Why is a company that has historically made bad management decisions buying companies who have failed -- thinking their own brilliant management can turn them around? It does not make sense to me. This company has enough cash to find a business that can make the shareholders some money. Unfortunately I don't think the current management can bridge the gap from here to there. Heck, I can find them a business that will make the shareholders money. Perhaps you could set me a meeting with Cozzene. The Bottom Line Matt? IMO if this company does not venture into new industry groups and replace current management, I suspect every penny they have will get pissed away and the company will be broke in a few years. Cheers (Waiting For The Cozzene Meeting) Steve