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Biotech / Medical : Laser Vision Centers, Inc. (NASDAQ: LVCI)
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To: james bravick who wrote (290)9/18/1999 1:07:00 AM
From: Robert G. Harrell  Read Replies (1) of 413
 
It looks like the stock bottomed today on large volume. I hope all the weak hands are out now. I bought more for my 2 accounts at 17 7/8 and 18.

In trying to find an explanation for the drop, I found a reference to the company suing a poster on Yahoo for spreading false information. I'm guessing someone launched a short campaign against the stock and they seem to have succeeded.

If you get the investor's info. packet from the company, it includes the prospectus for a secondary offering which has a bar graph showing the growth of the company. If you add the data from the press releases since the prospectus and draw a line across the tops of the bars, you can see that the company is growing parabolically. Eventually the Street will catch on to this and the stock price will mirror the growth.
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