VISX Message Board - Msg: 162689

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Biotech / Medical : VISX

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To: Amir Desai who wrote (6)	7/7/1996 10:26:00 PM
From: prosperous	of 1754

As has been mentioned, VISX has fallen because of poor performance shown by Summit. VISX in a press release (you can find it on YAHOO or WSJ) that it expects to meet analyst's expectations for the quarter. It appears that the market paniced afer Summit announced its inability to meet its expectations. In my opinion VISX is very strong and it should bounce back to where it started once the market realizes its mistake. Friday, July 5 was a bad day for most stocks, but VISX showed upward mobility that day. When everyone returns from vacation on MOnday VISX should start upward journey. At this current price it appears like an attractive buy and a safe bet since it has indicated that they will meet analyst's expectations.

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