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Strategies & Market Trends : The Thread Formerly Known as No Rest For The Wicked

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To: Bryan who wrote (66598)10/20/1999 10:58:00 AM
From: bobby is sleepless in seattle  Read Replies (1) of 90042
 
laser care industry...

earnings report for companies coming in strong...

sector has been hit by perceived pricing pressures as Canada makes its way to US forcing many of the domestic companies to take notice...in my area, a Candian shop has opened in the Bellevue area and just had a friend from Texas make the trip for the surgery yesterday.

VISX, for one, strong report and down from highs, although many solid plays in this industry for bottom fishing.

BOL has joined with several companies releasing news concerning the unfounded??? downward slide in the price of their stock...again, mass psychology sees the bottom line affected by lower prices... the argument is the number of procedures up dramatically to offset lower lower margins.

Personly, i've been trading LCAV many times, more winners than losers, thankfully, and pickep up a few shares at 4 5/16 yesterday...I will not hesitate to sell, however...

beam,tlcv,visx,kera (intacs), nova (recent ipo) just a few in the industry...

i don't expect big movement, although would be nice, but a longer term horizon for turnaround...
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