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

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To: Jim Mac who wrote (157)7/4/1998 4:45:00 PM
From: MGV  Read Replies (2) of 413
 
Jim,

Do you know anything about Pauli & Co. and an alleged strong sell downgrade on LVCI last week? Someone posting on AOL represented it as true.

Here is an abstract of a downgrade by the same firm in March (found at Yahoo):

Pauli & Company issued a Company Report on March 16, 1998 for Laser Vision Centers Inc.
On March 16, 1998 Pauli & Company's Research Department issued a 1 page Company Report on Laser Vision Centers Inc. Report highlights: 'The rating was downgraded from Strong Buy to HOLD as the company has been served with a subpoena as part of an industry-wide investigation by the U.S. Department of Justice. The subpoena requests that the company produce several specified categories of documents allegedly relating to the unauthorized use of the excimer laser.'

Report No.: F0088349

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