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Biotech / Medical : Laserscope (NASDAQ LSCP)

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To: Caroline who wrote (2)	8/29/1996 8:33:00 PM
From: Marshall Dix	of 314

Caroline, there was a meeting today - and let me summarize - to approve the acquisition of Heraeus Surgical Inc from Heraeus Med GmbH - by issuing 4,600,000 shares of stock + a payment of $2,000,000. I did not have time to read all the details but it looks like a dilution of stock. This is why, IMHO, the stock has dropped by 50%. Will need time to investigate. They also wanted to adopt a stock option plan of an additional 300,000 shares for Directors. It just needs to be researched - but the market is saying BAD. I would suggest calling the company for the details. Hope this helps and let me know what you find. Marshall

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