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Biotech / Medical : Laserscope (NASDAQ LSCP)

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To: Richard Haugland who wrote (58)7/30/1997 10:12:00 PM
From: Daniel Kahn   of 314
 
Hi Richard! Am new to this thread but have owned LSCP for several years. This latest earnings report was a HUGE disappointment. For a company trying to build credibility with investors to miss the quarter by .02 or 25% is not good. Furthermore it calls into question just how much control they have over the biz. Also, with the Heraeus acquisition last year, that was another opportunity to consolidate and drive expense out of the business, which they do not appear to be doing very well. Competitors Coherent and Laser Industries appear to be executing better. Don't get me wrong, I am a long term LSCP investor and want to see them do well, but I must admit I am losing patience. Do you have any thoughts re their ability to perform better over the next few quarters. They need to get it in gear IMO!! Appreciate your thoughts.
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