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Biotech / Medical : PLC Systems -- Ignore unavailable to you. Want to Upgrade?

To: Oblivious who wrote (691)	4/25/1998 6:29:00 PM
From: Charger	Respond to of 1202

I am long PLC and during its recent "panic" selloff, I averaged down hard. I was introduced to the company by persons who buy 100k shares min. of a stock this price. I was told that this stock would easily get back to it's price of $24, where it was trading before the fall fiasco, that it would stabilize and then move on up to $40-$50 range, so I am glad to see a corroboration of that in your post. I have been interested in the discussions here (just lurked as no one answered my post last Monday). I have been told the revenue estimates but did not write it down and will try and retrieve that info and post it here before Monday, if I can. I was told by one of these investors (trading for 25 years and extremely successful and long in PLC) NOT to sell "too soon". My plan is to wait until the stock reaches $30, take out my initial investment and leave the other half there for further growth. Should it fall back some I will pick up more. The fact that TMR was mentioned on CNBC and CBS, plus news articles, however shoddy, is bringing this amazing technique in front of the public to become a household word. Who, in their right mind, would not want a less invasive surgery technique, quicker recovery, increased platelet stimulation, a procedure that is substantially in use in Europe, etc. etc.?? ...and more importantly, investors (even if they themselves do not need heart surgery) will see the benefits of this procedure. It is a good "story"; this can be a "loved" stock. Two of my friends who gave me this stock are well-connected to brokerage houses and I am led to believe that real world buying will be coming in, and probably now, given the approval (the "conditional" part is standard, as I understand it), and given the buying opportunity which presented itself. Good luck to us all. Charger