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Biotech / Medical : SNRS- Sunrise Technologies -- Ignore unavailable to you. Want to Upgrade?

To: HeyRainier who wrote (1027)	6/3/1998 8:39:00 PM
From: Sylvester	Respond to of 4140

Rainer, I wrote my post before viewing your response to E. I'm beginning to think like you. Isn't it great when your training pays off. Just got a call from from my friend at a large clinic in LA. He says their looking to get $8 for 50,000 of their 220,000 shares. They plan to sell gradually (over 3 days) but I'm not the only person their sharing this with. I mentioned that they may wait for the mid-month expected NASDAQ listing and the response was that if the stock falls below $7, than Nasdaq only brings us back to $8.50 or $9. Worth waiting for only if it happens soon. Seems that malpractice premiums are due and they want to redo the waiting room, parking lot, and add a contact lens display room. Keeping in mind that they own this for $5.50, you really can understand the logic. At this point, I hope they hold out for $8 and don't sell for less. If it stays below $8 they may wait a few weeks.