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

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To: Mozingo who wrote (293)9/20/1999 1:31:00 PM
From: W Shakespeare  Read Replies (1) of 413
 
We have entered and passed the point of stupidity. Institutional selling is plunging the stock price down to very attractive long-term levels. However, we may not yet have seen the lows. The stock's irrational plunge has scared off any potential buyers. It looks as if there may be some technical support at 15. I have begun buying and will increase my buying as the stock falls further. It would be nice if the company's analysts would give some support to the stock, but they also appear to be scared silly. Fear in others brings out my greed.
It must also be noted that the other laser correction stocks are not falling as severely today. That makes LVCI's plunge even more absurd.
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