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Biotech / Medical : VISX
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To: cape radical who wrote (321)10/13/1997 8:36:00 PM
From: Jim Mac   of 1754
 
Secondary offering a few years back and strong cash flow. Machine sales have been 70%+ markup, and royalties + procedure fees (fees are where the real money is) are almost pure profit which drops to bottom line and goes into the bank.

Rival/partner Summit Technology is in the same situation.
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