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Biotech / Medical : Summit Technology (BEAM)
BEAM 22.20+7.8%Nov 21 9:30 AM EST

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To: pappy who wrote (703)2/17/1998 1:06:00 PM
From: Jim Mac  Read Replies (3) of 1386
 
I'm not saying BEAM will be a lousy investment. Quite the contrary, if everything goes according to plan, royalties alone will give Summit a good future. No one's denying that. But at this point, royalties are all Summit has going for it. It's reasonable to be very cautious with Summit. I'm just being reasonable.

It's important to keep perspective.

BTW, do you own any VISX, LVCI, LZRCF, VISN, or any other LVC stocks? Holding only BEAM (and I assume LCAV) in the LVC group may be like shooting craps.
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