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Biotech / Medical : Staar Surgical STAA
STAA 25.87-2.5%Oct 31 3:59 PM EST

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To: tuck who wrote (49)1/8/2001 2:33:23 PM
From: tuck   of 50
 
ODP approves:

siliconinvestor.com

However, a large shareholder is cutting off his nose to spite his face:

siliconinvestor.com

The lad has some valid complaints. But this is one of the very few vision care companies that hasn't cratered. Granted all he'd asked for is documents, but the Street seemed to think something would come of this. It was right. Apparently, some contract breaches with Canon that will lead to legal problems were not disclosed publicly, only to the SEC in documents.

siliconinvestor.com

Hard to say if his estimate of the liability is in line. Management has been looking pretty bad in terms of scratching each others' backs.

No position; staying tuned (not very intensely), and staying away.

Cheers, Tuck
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