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

To: Joe who wrote (1802)	11/12/1998 9:25:00 AM
From: Crusader	Read Replies (1) \| Respond to of 4140

SNRS Questions? I have few questions on SNRS, maybe somebody could help me. Why nobody else develop an Holmium Laser, why the market seems to ignore the benefit of a Holmium Laser and why the Holmium Laser was abandoned in Canada due to a lack of stability? Why the company is so focused on only this technology? Why the stock did not move more significantly after News Orleans and why this big increase in shorts position? Why should I buy a stock where Management with already 34 million shares out offers on a private placement (of maybe $10 million) a 20% discount? I have look at the stock for a while and could not figure out recent signal. Darth

To: Joe who wrote (1802)	11/12/1998 1:01:00 PM
From: Sylvester	Read Replies (1) \| Respond to of 4140

Thanks Joe, I agree with everything you've stated and having looked closely at the moves in the last few days, the picture appears quite different. The move past $5 was on good volume, double the average day, and the retreat has been on very low volume. So there's a lot of accumulation going on on the long side. There's a lot of buy on the rumor folk out there who make good money on selling when a rumor doesn't come through. In the long term, I like the private placement especially if it sells out. Available marketing cash was always a question mark and to have it eliminated now makes for a more secure company. I agree that by next March, our concerns will be behind us and it will just be a matter of how much more can we make each quarter. I will, as you suggest "keep the faith"! Regards, Sylvester