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Biotech / Medical : VISX

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To: James Fink who wrote (342)10/19/1997 10:59:00 AM
From: John Binford, Jr.   of 1754
 
James,

Sequential means the comparison of consecutive quarters -- not year over year.

I would hardly say Visx going down a little on low volume means your analysis is correct. I don't know if you follow the market, but almost every stock dropped on Thursday and Friday.

Yes, I do think some were hoping Visx could pull off $.35/sh but I don't think anyone was really disappointed with $.32/sh.

As for machine sales, total sales in units was just 2 less than last year. This is a big improvement over the prior two quarters. Logan also said he expected machine sales next quarter to be about the same as this quarter.
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