Eye Laser Industry - VISX and Summit BEAM Info Message Board

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Biotech / Medical : Eye Laser Industry - VISX and Summit BEAM Info

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To: Penny Wise who wrote (167)	3/2/1997 11:51:00 AM
From: John Binford, Jr.	of 178

H&Q is well respected for Tech Stocks. This is a major plus for Visx. One day the analysts and money managers will get it straight. H&Q rated Summit a hold, and Visx a strong buy. However, Summit goes up 15%, and Visx rises only 8%. I just don't get it. Why the 2 million shares exchanged on Summit today? (Is this short covering?) Still, it was a very good showing by Visx's stock in a weak market. It must be pretty disappointing to the be short and have H&Q come out with a strong buy. By the way, (if I remember correctly) short interest was 1.869 million on Feb. 15th, down a little from 1.94 million on January 15th.

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