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Biotech / Medical : LSK Lasik Vision Corp - Previously FVC (First Venture)

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To: DRT who wrote (28)2/27/2000 11:37:00 PM
From: Helmut   of 30
 
Lasik Vision continues rapid growth

Lasik Vision Corp LSK
Shares issued 34,675,000 Feb 24 close $2.95
Fri 25 Feb 2000 News Release
Mr. Michael Henderson reports
Consumer response to its high-quality, affordable care model continues to
experience high-consumer acceptance. The recent announcement by VISX to
aggressively reduce its excimer laser licensing fee will make a significant
contribution to Lasik Vision profitability this year as the cost base of
the company's existing forecasts were based on the former fee.
Lasik Vision, the pioneer of affordable, high-quality laser vision
correction, continues to experience rapid growth in procedural volume
spurred by the high word-of-mouth referral of satisfied patients. "We are
very encouraged by the response of the public to our high standards of care
and our focus on affordability," said Michael Henderson, president and
chief executive officer of Lasik Vision. "This fee reduction is very
exciting for us, as we believe that cost is the most significant factor
keeping people from having this procedure. This new lower fee gives us more
flexibility in our pricing structure and allows us to ensure we will be
able to offer the best price to our patients. It will also enhance the
company's ability to capture a larger portion the growing market for
Lasik."
WARNING: The company relies on litigation protection for "forward-looking"
statements.
(c) Copyright 2000 Canjex Publishing Ltd. canada-stockwatch.com
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