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Biotech / Medical : Laser Vision Centers, Inc. (NASDAQ: LVCI)

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To: Xavier who wrote (2)3/20/1997 11:40:00 PM
From: Jim Mac   of 413
 
Sorry, I got dumped. At this time, LVCI is converting its low-volume fixed sites to "roll on/roll off" access sites (RO/RO). This allows them to maximize laser use by sharing a laser between several sites.

Since they use mostly STARs, imminent STAR astigmatism formal approval should greatly boost their volume. They're comfortable with predictions of 200,000 procedures industrywide in '97.

As you know, half of their loss was depreciation/amortization, and with positive cash flow just around the corner, things are looking pretty good. Looks like a good time to buy some more.
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