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Biotech / Medical : Summit Technology (BEAM)

BEAM 25.33

+1.2%

Nov 28 9:30 AM EST

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To: Manny Gugliuzza who wrote (825)	4/19/1998 11:08:00 AM
From: pappy	Read Replies (1) of 1386

It's my understanding, the field people for BEAM are working long hours upgrading the APEX-PLUS to meet the demand for Astigmatism. I for one, really don't know how good or bad, the BEAM machine is. I've spoken with a few doctors via E-mail and they are very happy with the machine. As far as upgrading to meet future entrants, some point along the line, it becomes economically more practical to just introduce a new machine (solid state vs. cumbersome gas) than to continue dumping money into upgrading. I know for fact, this is how Summit views the situation. Thus, their reasoning for seeking an acquisition candidate that has the latest in laser vision correction technology. Manny: Are you stating as fact the warrants deal or is that just a possibility you've conjured up. Either way, it sounds good to me. For those interested, BEAM undervalued: bostonian.com Pappy

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