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

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To: Mozingo who wrote (240)7/31/1999 10:39:00 AM
From: Angler  Read Replies (1) of 413
 
Gary:

The stock market is certainly making a statement. There are only 9 mil. sh in float for one thing so opinion is pretty concentrated.
The share price moved up after the split announcement which is usually normal; but then even before the split, price opinion has reversed itself. The after split price could be largely undervalued.
I don't think the overall market affects these laser correction cos. very much as eye correction has ongoing support from all directions.
Personally, I still intend to purchase more shares after the split as I can find nothing wrong with the company and their method of moving their lasers around to where they're most needed.
It appears to me that major share holders are relocating their shares into some other movers in the same industry and that might possibly be Summit Technology? I don't see LVCI investors leaving (for long) this profitable industry for cash or some other sector IMO. Witness VISX.

Angler
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