Anthony @ Equity Investigations, Dear Anthony, Message Board

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Strategies & Market Trends : Anthony @ Equity Investigations, Dear Anthony,

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To: majormember who wrote (52018)	2/22/2000 3:48:00 PM
From: Hockeyfan	Read Replies (1) of 122087

VISX News NEW YORK (Dow Jones)--Shares of Visx Inc. (VISX), the nation's largest manufacturer of lasers used in vision-correcting eye surgery, fell as much as 13% in trading Tuesday, partly due to news about its litigation against a Japanese rival and speculation that the company will make an announcement after the market close. Visx shares fell to a new 52-week low of 20 1/8 in morning market action before slowly regaining ground to trade at 22 1/2, down 3/4, or 3.2% after more than 4.2 million shares exchanged hands. Visx rival Nidek issued a press release Tuesday morning announcing that a federal panel granted a motion to consolidate the pretrial activities of five separate patent infringement lawsuits by Visx. Meanwhile, Wall Street sources said Visx had notified analysts that an announcement, of some sort, is coming after the market close. "I think people know there is an announcement coming. No one knows what it is," said one Wall Street analyst. Visx did not return repeated calls requesting comment.

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