Iomega? Ouch! That was one incredible run they had, though, eh? X., think about LVCI: They're the only operator with a mobile laser trailer (or will be), and within 5 years, if the procedure count goes up to 1M or more per year, they'll get at least 10% thru Columbia, and with that mobile? They've got their act together. Top four management guys had PRK themselves, you know.
It looks to me like they'll be able to have revs of $100M+ within 5 years, and can get up to $200M+ with those mobiles and a 1,500,000 annual procedure count.
And when you subtract depreciation and cash expenses based on current revs, and multiply the whole thing by 4+, since they may have 100+ U.S. lasers in 5 years doing 2000/year, it looks like they can make at least a couple of bucks per share within 5 years. Then there's international expansion...which is one of their stated goals... We're getting in on the ground floor, and riding this baby to the top, my friend. I hope. |
