Summit Technology (BEAM) Message Board

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Biotech / Medical : Summit Technology (BEAM)

BEAM 23.64

+6.5%

Nov 24 3:59 PM EST

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To: GrandPohba who wrote (838)	4/20/1998 12:06:00 AM
From: pappy	Read Replies (1) of 1386

Well, first of all, you have the split reversed. It was more like a 56/44 split with VISX receiving approximately $140.00 per procedure and BEAM receiving $110.00 per. Secondly, because of all the hassle BEAM received for opening a LVC center which in theory, competed directly with the persons they were selling/leasing machines too, any business plan they might of envisioned became mute. Third: For doing such a lousy job, BEAM was smart enough to keep approximately 8 million shares of LCAV for itself and give 9 million to its shareholders. So my advice to you is to keep buying and pushing it, because you're making BEAM richer as well as myself...Pappy

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