I think you'll feel a lot better this time next year. People who bought VISX at $15 in Spring95, and saw it go down to $10 were rewarded for their patience, as it rose to $40 a year later, and now it's at $25, still a nice return, and headed to $30 by next spring.
I'm telling you, LVCI is about to be profitable, and their U.S. procedure count will probably double this Q over last Q. There will be about 200,000 total U.S. procedures this year, and I bet 350,000+ next year. They've got a ton of growth left in the U.S. alone. They'll be in the black by end 97 or early 98. Then, earnings will take off, pulling the stock up with them.
You know why most people don't make big money in stocks? They buy high and sell low. YOU, however, bought LVCI LOW. I envy you. Whatever you do, don't sell now. Bye. |
