LVCI uses VISX. Good earnings and ( IMHO ) excellent CC.
Conference call can be heard at:
corporate-ir.net
LaserVision Posts $0.14 Per Share Profit For First Quarter; Gross Profit Increases 151%; Revenue Up 131%
ST. LOUIS--(BW HealthWire)--Aug. 18, 1999--LASER VISION CENTERS,
INC., (Nasdaq: LVCI) announced today that revenue for its first
quarter ended July 31, 1999, was $20,999,000 compared to $9,110,000
for the same period a year ago.
Net income for the quarter was $4,133,000 or $0.17 per share
To: MGV who wrote (265)
From: Robert G. Harrell
Wednesday, Aug 18 1999 5:34PM ET
Reply # of 268
I just caught the last 20-25 minutes of the CC. The sell off today was apparently caused by misunderstanding of the pricing structure. LVCI gets approximately $700 per procedure regardless of what the surgeon charges. A price war between surgeons would only help LVCI if the lower charges produced more procedures. The sell off today was totally unwarranted. Glad I increased my holdings by 50% near the low. Will try to grab some more VISX cheap at the open tomorrow if it doesn't gap up. The sell off in VISX made even less sense.
Bob |
