At one time, I had done extensive DD on BEAM and VISX. I cannot believe the huge disparity in price between these two, although I can understand why. BEAM has done a lousy job of putting together a business plan, as evidenced by LCAV's ability to turn around BEAM's former lagging treatment centers.
In reviewing the terms of Pillar Point, I am almost certain that BEAM was to recieve the lion's share of royalty payments. If I recall correctly, I think it was something like a 65/35 split, in favor of BEAM. The difference between the two is wide. I'm sure we'll see the gap narrow.
The company that looks most interesting to me however, is LCAV. If they were able to take BEAM's former centers, and turn them around, they must be doing something right. Does anybody know of any expansion plans for LCAV?
This sector is HOT! For how long, who knows.It appears that it may finally be coming to fruitation. Word of mouth will be incredible, especially if people who have had this procedure done are as happy as all the reports say they are!
pappy, care to speculate on any of the above?
GP |
