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Strategies & Market Trends : Gorilla and King Portfolio Candidates

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To: Uncle Frank who wrote (10066)11/10/1999 12:06:00 PM
From: StockHawk  Read Replies (1) of 54805
 
Some VISX news:

RESEARCH ALERT- VISX started at a buy


NEW YORK, Nov 9 (Reuters) - Warburg Dillon Read said Tuesday it started VISX Inc. <VISX.O>, a maker of eye surgery lasers, at a buy and set an $85 price target.

Report said that over 60 percent of the lasers installed in the United States are VISX lasers and nearly 75 percent of all lasers being shipped in the United States today are VISX lasers.

"The company's solid portfolio of patents should continue to allow it to keep competitors out of the marketplace, while it continues to increase its percentage of the installed laser system in the United States," report said.

Shares of VISX were up 3/4 at 70-5/16.

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I find those percentages quite interesting. I had thought VISX was experiencing increased competition and that their market dominance might decline somewhat. Apparently, based on shipments, their share of the market is increasing.

Also of interest, a company called Infinity Laser Centers is running full page ads in New York City offering Lasik at $1095 per eye (most charge in the $2250 to $2500 range)with a payment plan of $68 per month. They offer board certified ophthalmologists and include prelim and 2 year follow-ups in the price.

Lastly, the Fox TV network apparently had a two part segment on laser eye surgery - the first night extolling the miracle and the second night the scare warning that laser surgery could ruin your eyesight. (I did not see either segment).

StockHawk

P.S. In reference to LindyBill's comment on after hours trading - I do find it incongruent that participants on a LTB&H thread like this one would be interested in what a stock is doing after the markets close. But that hasn't stopped me from looking <g>.
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