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

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To: MGV who wrote (351)12/7/1999 11:11:00 AM
From: David Rubin  Read Replies (1) of 413
 
VISX news no good, I assume that is why LVCI is down sharply. But why? I don't see any negative impact on LVCI.

Technically speaking the stock is in trouble. After finally rising above its 50 day moving average it is back below. The drops in the last few days have come on increasing volume.

Is this just idiots getting washed out of the stock? Will it recover from this oversold state or sink further? Personally I like it long-term but the technicals are very weak right now.
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