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Biotech / Medical : Laser Vision Centers, Inc. (NASDAQ: LVCI)
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To: W Shakespeare who wrote (253)8/6/1999 9:15:00 PM
From: Robert G. Harrell  Read Replies (1) of 413
 
W, Did you see the article in Wednesday's IBD New America section on LCAV? I thought it brought home dramatically the point you made about the infancy of this industry.

...More than 400,000 laser eye surgeries were performed in the U.S. last year, twice that of 1997. Analysts expect the number of procedures to reach 900,000 this year.

That's just a drop in the ocean, when you consider that more than 160 million Americans need glasses or contact lenses to see clearly.

"Fewer than 2% of the people who could have the procedure done have actually had it done," said analyst John Ransom of Raymond James & Associates Inc. "The market's got lots of untapped room to grow."

I noticed from your profile that you are an accountant and also own LCVA. How would you compare LCVA to LVRC financially?

Regards,
Bob
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