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Biotech / Medical : Laser Vision Centers, Inc. (NASDAQ: LVCI)
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To: MGV who wrote (343)12/1/1999 11:11:00 AM
From: Robert G. Harrell  Read Replies (1) of 413
 
I'm wondering if the analysts were/are picking up on the tone of the CC. There seemed to me to be a big change in the tone of the CEO from the recent annual meeting to this CC. Did any of the rest of you hear the annual meeting? They seemed incredibly confident and bullish in the meeting and very tentative in the CC.

I have no intention of selling any time soon but I'm expecting a lot of volatility for a few months. When I loaded up with way too much stock on the way down, I thought the price war issue would be quickly dispelled and the stock would resume its steady climb. I wish the company had given more details about their projections for sales vs price if prices are cut. I wonder what their fee would be if the doctors end up reducing the procedure price to $1850 which is what I think they were guessing would be the low end. If there is considerable price elasticity, the company might make more money at the $1850 price point.

Bob
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