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Non-Tech : 1-800 CONTACTS, Inc. (CTAC)
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To: M. Frank Greiffenstein who wrote (19)8/20/2000 6:56:48 PM
From: Red Heeler  Read Replies (1) of 25
 
Mr. G,

Thanks for the response. You make a couple of really good points that make me think CTAC has a bright future. The first is that contact lens manufacturers are supplying CTAC with lenses. I see no reason why that should change.
The second is that anti-trust actions have been filed against some manufacturers and optometrists alleging conspiracy to eliminate alternate trade. My guess is that when the smoke clears the big winners will be consumers and CTAC.

I just ordered a six month supply of contacts from my optometrist. How? By phone - no office visit, no exam. I see no difference between ordering from him and ordering from 1-800 CONTACTS - except that I'll pay about 20% more by using my optometrist. So my next order will be from 1-800 CONTACTS.

Sales (especailly internet sales) keep ramping up, earnings are growing rapidly, repeat sales now surpass new sales and there's little debt. I wonder if the lawsuit thing is holding the price down?

Looking for an entry point,
CC
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