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Biotech / Medical : Summit Technology (BEAM)

BEAM 21.74

+0.4%

Nov 14 9:30 AM EST

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To: John Liu who wrote (940)	7/2/1998 10:59:00 PM
From: Manny Gugliuzza	Read Replies (2) of 1386

AJS; I also have the same est.for Q2 due out on july 29th. .03e revised est from stocksmart= 01/02/98=.24 02/17/98=.16 06/30/98=.13 with earnings being revised down it will only make it easier to crush toward the end of the year as LCAV becomes profitable like LVCI FY 99=.25e not revised in a while. John i have not seen this market take anything that has happen to summit into account except the action by the FTC. FDA approval recently pop and drop; settlement with visx pop and drop also the price has held up well at 5.25 and until it is read in black and white as 35 million dollars on x amount of shares outstanding plus income from lenscrafters plus procedure income from LCAV. this is going to add up to one hell of a quarter. then maybe we will see "refections of the way things use to be". ar.

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