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Biotech / Medical : VISX
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To: MGV who wrote (1632)2/22/2000 6:31:00 PM
From: MGV  Read Replies (1) of 1754
 
Bottomline: 1 year from today, VISX is up at least 50% from today's close. If volume increases by only 33%, and market share is flat, they make north of $1.00 in 2001 and north of 1.50 in 2002. With a 30 multiple they would be reasonably priced north of $40. I would buy at $18 and at $20.
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