SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Biotech / Medical : Laser Vision Centers, Inc. (NASDAQ: LVCI)

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Angler who wrote (247)8/3/1999 10:25:00 PM
From: Mozingo  Read Replies (2) of 413
 
Same here. In fact, I called the company yesterday. The IR guy is out till Aug 10, but I spoke to a lady who told me the same thing you heard, nothing to cause the 33% decline since Jul 19. Talked with a couple of brokers who pointed out that others i.e. tlcz have also been hit hard and that the high PE's may have caused a bit of concern and retrenchment. Seems that only the like of Internet stocks and infrastructure stocks like CSCO can get away with such high PE's.

Personally I think it's just me. Everytime I diversify into a new industry I cause it to come crashing down.

I'm still in hoping we have seen the bottom around 50. Agree that fundamentals are good and can't fathom the company and industry not recovering within a quarter, particularly if numbers continue to improve as in this past quarter. Like I said, I'm thinking of doubling down if it declines further before the split. I prefer to catch them pre-split than post split.

Regards.

Gary
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext