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Biotech / Medical : Laserscope (NASDAQ LSCP)

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To: Daniel Kahn who wrote (66)8/3/1997 6:43:00 PM
From: Tom Sackman   of 314
 
Dan
Laserscope is not my first choice for medical lasers however I will have a position again in this stock as of Monday. It really is a crazy business as I am employed by one of the competitors, Coherent, Inc. Coherent is a first class company to own and to work for. Experience says these types of companies are volatile to rumors and news. LSCP is a young Coherent and investing is investing. The height and climate of the market today is SCARY and this type of company could do well or even break out as Coherent has in the past years. Speculation is the name of the game and I believe LSCP will go up a couple of points or so or maybe more. I wish I could dazzle you with numbers but I am going by graphs and company stability and we do work for them on occasion.
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