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Biotech / Medical : MCAR
MCAR 0.0650-36.3%Jan 31 4:00 PM EST

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To: Xavier who wrote (53)11/4/1997 1:42:00 PM
From: Xavier  Read Replies (1) of 467
 
To all: I am usually very wary about recommending a stock to anyone but I am going to bite the bullet with this one. I have been holding LVCI for about a year now and am pretty pleased with the management at this point.

If you look at their history, you will see that they traded at the $16 dollar level at one time and are now about half of that. The reason for the loss was that they unwisely diluted their share value by offering new shares for the sake of expansion. Obviously, they paid the price.

I bought in at $5 a share and again at 5.75. It has not exactly been a meteoric climb from there, but it has been steady. I had expected a quicker climb than this but, given the market conditions, I think that LVCI has faired pretty well.

The reason that I am recommending it now is three-fold:

#1: They have succeeded in moving up to the #2 spot in the industry but the market has yet to recognize this. (I think the reason #2 will remedy this matter.)

#2: They should be announcing a profit in the next quarter or the
following.

#3: Their portable excimer laser is the only one of its kind and will allow this business to expand in a way that no other can.

The price on LVCI looks especially attractive today because there are few shares being traded. I am not an employee of the company and I consider myself to be a LONG on this stock. I don't want anyone to think that I have anything to gain by hyping the stock, but it is obvious that it wouldn't hurt my feelings if you did.

Thanx
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