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Biotech / Medical : VISX
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To: Daryl Gresham who wrote ()10/13/1997 4:27:00 PM
From: cape radical   of 1754
 
i've become quite interested in this technology and am considering the purchase of VISX shares. can anyone tell me why the hell VISX has so much CA$H? According to the last balance sheet, the net assets are approximately $100 million, of which $85 million is cash. doesn't this seem a bit over the top? comments concerning VISX's balance sheet would be appreciated.
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