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Biotech / Medical : VISX

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To: Vector1 who wrote (499)4/16/1998 10:26:00 PM
From: yosid   of 1754
 
You're preaching to the choir. I've always maintained that much of the success of this business would revolve around the royalty stream.
You assume that VISX will be collecting those royalties.
Here is news for you.
There are arguments valid from many points of view that better lasers exist (Now) under testing that will soon be presented as alternatives to Visx's machines. If they are "dumped" on the market and can do the job, we'll see where the Visx market share will be after the assault.
Look at Summit. Lots of cash - obsolete machines. They have no future unless they determine a way to maintain their current market share and do new business. Unless they acquire new technology, they lose.
If you think it can't happen to Visx, we disagree.
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