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


To: Sr K who wrote (1614)6/26/1998 9:22:00 AM
From: Pluvia  Read Replies (1) | Respond to of 1773
 
<<<I see nothing wrong, and certainly no fraud or fiction, in Premier's May 20 release.>>>

BEKlein,

Perhaps you should remove your rose colored glasses and take another look. Maybe if you were not financially vested in your thinking you could see this situation objectively.

The true sales of lasers will I think shock you. You don't have any idea of what true sales are yet -- do you?

Here you defend this company, and this product and yet you have no information suggesting the company has sold any lasers at all. Furthermore;

1. Two big six auditors have bailed,
2. Their largest distributor claims they booked sales by shipping lasers to a freight forwarding warehouse and the distributor never bought the product,
3. They face approximately 10 class action suits, alleging fraud yadda, yadda, yadda,
4. They have made two recent ventures -- OISI and EyeSys, both of which appear to be complete wastes of money and will never be profitable, Dead Companies which could not ever have life brought back by even a competent management team -- which is not IMO the definition of PLSIA's management,
5. They have never turned a profit, and do not appear to have any product currently available or in the pipeline that ever will produce enough sales to make the company profitable,
6. Management and CFO's are fleeing the company like rats abandoning a sinking ship,
7. NASDAQ has initiated an investigation into their activities,
8. The stock has been halted and ....

You see the company as what? A real gem in the rough? Huh?

I dont get it BEKlein, you seem to be an intelligent person who chooses to ignore the obvious?

Cheers Steve