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

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To: W Shakespeare who wrote (378)1/21/2000 3:46:00 PM
From: gmccon  Read Replies (1) of 413
 
Totally different sectors, but look at MRVC. They were supposed to be the CSCO-killer. They languished in the 20's for a long time, then tanked to 5. However, like LaserVision, it was a perfectly company. They're pushing 90 today. You'd be approaching a 20-bagger if you'd have bought at it's low.

Sure looks to me like LVCI will trend down another 3 points or so, too. The point is, it wouldn't be the first excellent company to spend some time at the bottom of the tank. Look at ORTL (fiber optics). A perfectly good company. You could have bought them at 5 last year, down from the 20's. Now they're a 30-bag, at least (150). MTIC (data storage) is a 10-bag from its low.

The list goes on.

But I do think this one is headed down some more- way down. Just my ignorant opinion.

Greg
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