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

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To: Angler who wrote (241)8/2/1999 4:59:00 PM
From: Mozingo  Read Replies (3) of 413
 
It's certainly making a statement today. A 15 percent decline in one day should make it one of the days top losers. Not a great way to get into the market tops gainers and losers columns!!!!

Tried to find out some reason for the major drop but was unsuccessful. Even called the company but they have no news to report nor any reason for the selloff.

Smartmoney.com shows that insiders reported intentions to sell up to 130K of shares sometime after 7/15/99. Maybe they decided to dump now???

Seems like a good buying opportunity to me. Do you think we have reached a new bottom or will we see continued decline tomorrow?

Regards.

Gary
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