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

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To: Xavier who wrote (145)6/12/1998 4:25:00 PM
From: Jim Mac  Read Replies (1) of 413
 
Hi Xavier. Glad to see you're still around.

BEAM (and VISX's) legal expenses will drop in Q3, thanks to no more PPP and related litigation. But BEAM will lose more PRK royalties than it's gaining. VISX will gain more PRK royalties than it's losing.

LVCI is the best value now, since they'll likely earn $1.00 (fully-taxed), $1.50 on cash basis in 1999, representing triple-digit EPS growth vs 1998.

I think LCAV is the priciest now. But if it gets closer to $2, I'd buy.

Regards, Jim
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