Good evening Billie,
"Thanks for the post re: LVCI - An eye opener for me, no pun intended! I guess this would explain why VISX has had some upward moves lately. Would you agree?"
Sure looks that way to me! I have certainly errored in believing the market would value VISX based primarily on PPP income. However, a 40% drop in share price, after the report of declining machine sales in the face of great PPP growth, confirms this point bigtime. Perhaps the recent disportionate increase in VISX over BEAM shares is yet another confirmation. That said, I still think the market will focus more on PPP income as it becomes the dominate factor driving earnings growth. Hopefully, now we will get a nice one two punch combination eh?...first the news of better than expected laser sales, then good dominating PPP growth.
"Do you still think that it would be wiser to buy LVCI than VISX? VISX fundamentals are strong, but I agree with your earlier posts regarding the possibility flat future sales of the equipment."
Billie, I don't know where you got this idea. I am long VISX and am not a LVCI shareholder.
Anyway, all this is just my opinion. Goodluck investing! |
