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Biotech / Medical : VISX
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To: Jim Mac who wrote (337)10/18/1997 9:31:00 PM
From: yosid   of 1754
 
I'll say it again.
Laser "manufacturers" must sell lasers.
Royalties are great, but without new lasers operating, this revenue will plateau very soon. There is a limit to the procedures out of one machine over one year.
Summit sales ---------- none
Visx sales ---------- growth rate (negative)
The stock price will be directly proportional to the rate of machines sales, and the royalties produced therefrom.
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