LZR The Lazer Eyeball Fixers Message Board

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Gold/Mining/Energy : LZR The Lazer Eyeball Fixers

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To: WhySoSoon who wrote (11)	4/24/1999 11:27:00 PM
From: Tony O	Read Replies (1) of 14

Hello ....Is LZR overpriced and do you think it would be a good time to take profits.......There are a lot of people who will tell you what stock to buy but few will tell you when to sell. It is my opinion that LZR: The TLC Lazer Center trading on the TSE is a stock that is over priced. Here are some reasons why I would: 1. not buy the stock 2. sell it if I owned it 3. might be a good stock to short 1. LZR stock is priced at $57.00 and has 34 million shares which would give it a market capital of over 1.9 billion dollars! wow that's a lot! 2. Canada StockWatch has LZR PE Ratio of 622.2 ...very very high....... 3. A press release dated April 14 1999 states that Elias Vamakas Chief Executive is selling 400,000 shares and Dr. J Machat is selling 1,000,000 ...so this may be a good time to sell too....... 4. LZR is planning to issue another 3.2 million shares which will further dilute the stock......... 5. LZR only made 4.65 million dollars profit for 9 months ending Feb. 28........ 6. LZR is planning to incur a non-recurring chare in an as yet undetermined amount in the 4th quarter of fiscal 1999.....that's coming soon...... 7. in 12 months the stock went from $16.00 to over $57.00.....over 350% increase.....wow too much too fast..... 8. the stock appears to easily drop in price on small volume for example April 13 to 19th over $9.00 drop on 400,000 shares.......the smaller share holder are hurt the most..... 9. LZR has other sucessful competitors and private operators........ 10. Press Release dated Feb 1st imply kickbacks........ 11. Rumors of fraud ...... 12. New procedure which some say is better than lazers posted in the Globe and Mail April 23,199 ...." the advance has nothing to do with lazers.....rather, a highly refined diamond blade is employed to make a three-millimetre incision in the eye. An ultrasound device breaks up the existing natural lens, which is vacuumed out through that tiny opening. A new synthetic lens of six millimeters can the be folded......because that incision is so small, it literally heals in a day or two........" 13. There are other companies at the same price level with better PE Ratios some of which give divdends for example: CIBC $38.15 Biovail corp BVF $55.00 PE Ratio of 21.56 Gennum Corp $54.20 PE Ratio 36.82 Shaw Communication $54.75 Imperial Oil $30.70 Teleglobe $45.00 Inco $25.50 ...the list goes on....although comparisons are difficult I'm sure you get the idea of value for your money........ 14. It seems like a good time to take profits while you can since there seems like more of a down side that an upside ...a risk to hold or loose profits....... 15. I think the stock should be about $24 to $28.00 IMHO 16. this is all just my opinion and should be used only to stimulate discussion ...do your own DD and research ....there is always a possibility the stock will do well in the future.....

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