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Biotech / Medical : Summit Technology (BEAM)

BEAM 31.11

+0.5%

Jan 21 3:59 PM EST

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To: Mo who wrote (1001)	7/20/1998 10:07:00 AM
From: John Liu	Read Replies (1) of 1386

You better remember the source of your information. Unless it is by a a medical journal otherwise I will take it with a grain of salt. In addition they will not be able to market/distribute the product by the earliest year 2000. Don't you think Summit with their mountain of cash will not have an upgrade by then. Summit with being one of the ones with a FDA approved product has shown their R&D is great. Their main weakness had been mainly in the management decision making which also recently has turned for the better(with new management). VISX is ahead of BEAM in sales right now but with management setting house in order I believe BEAM can make a comeback. John

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