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Non-Tech : 1-800 CONTACTS, Inc. (CTAC)

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To: mod who wrote (3)3/25/1998 4:14:00 PM
From: lastbear  Read Replies (2) of 25
 
check out the biggest competitor: Lens Express - wholly owned by Summit Technology.(BEAM)
Current Market caps:
Summit: 165 mio. CTAC: 103 mio.
cash on bal.sheet: 60 mio. CTAC: 25 mio (est after IPO)

Summit also owns 20% of LCAV and is of course better known for its Laser Vision Correction business. At current prices the LVC business is almost "free"
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