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Biotech / Medical : Laser Vision Centers, Inc. (NASDAQ: LVCI)

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To: Xavier who wrote (124)4/14/1998 5:09:00 PM
From: Jim Mac  Read Replies (1) of 413
 
Wow, LVCI just reported for March they did 3000 procedures on their 23 U.S. lasers. That's 130 per month per laser, or 1565 annualized per laser. That's a lot higher rate than LCAV and LZRCF, which each have more U.S. lasers, and are doing about half that rate.

That means LVCI is very likely to earn $1.00 fully-taxed in calendar 1999, more on a cash basis (adding back in dep/amort). April should be profitable, and this Q, they're generating $1M cash.

Up to 115 sites now, from 100 in Dec/Jan. Their target is 125 sites on line by end April. I think we'll be at $12-$13 in a little while.
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