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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank

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To: BRANDYBGOOD who wrote (62157)9/20/1999 5:50:00 PM
From: kendall harmon  Read Replies (1) of 120523
 
LVCI--key excerpts from a Dow Jones article today:

<<Shares of Laser Vision Centers Inc. (LVCI) fell nearly 15% Monday, a tumble the company's Chairman and Chief Executive John J. Klobnak attributed to misguided fears over pricing pressures....

Klobnak said Laser Vision doesn't set the price that a doctor charges for the laser procedure. He said the company has contracts with doctors for a set price and term, neither of which is influenced by how much a doctor charges patients for the procedure.

"Pricing is really up to the doctors," he said. "If they decide to be competitive by lowering the price or if they decide to charge a premium, it's their decision. But we charge them the same either way....">>

The article includes positive comments from two analysts, A.G. Edwards' Greg Simpson who says business is "extremely strong" and Advest's Theodore Huber who says price concerns are "overblown."
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