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Biotech / Medical : Laserscope (NASDAQ LSCP)

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To: Tom Sackman who wrote (67)8/3/1997 10:16:00 PM
From: Daniel Kahn   of 314
 
Tom, thanks for your reply. I also own COHR as well as LSCP and am really impressed with COHR's r&d efforts and the breadth of their line. Don't mean to bombard you with questions but I have been in LSCP for 3 years and its nice to exchange ideas with someone who is credible on the industry. Do you see any possibility of COHR or LASRF (Laser Industries) buying out LSCP? At this level it isn't much above book value and less than 1 times sales. Or looking at the industry from a different perspective, why doesn't someone like Johnson & Johnson buy someone like LSCP? Re Coherent, will they ever be in the same biz as Cymer, which I'm sure you know is a high tech flier? One last question, how does LSCP stack up against Laser Industries? Their stock seems to be doing much better at the moment and am wondering why? Again, thanks for your thoughts!
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