SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : LZR The Lazer Eyeball Fixers

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Tony O who wrote (12)4/25/1999 9:34:00 PM
From: Stocker  Read Replies (1) of 14
 
Are you trying to convince us or yourself?

Sell if you can't sleep at night with it in your account.

My reasons to hold/buy:

- LZR is the leader/biggest player in it's field.

- none of the other companies listed have the same growth prospects, therefore lower PE's.

- forward P/E, not trailing P/E is what you use to value a stock. Stocks are not valued based on what has already happened, rather what is expected to happen in the future.

- Top brass still owns a lot of shares. Insider selling is rarely a reason to sell. They could be selling for any reason - investing, estate planning, etc. Guys like Bill Gates sold MSFT many times in their early years. Other than insider buying, insider trades don't provide much info. It does however provide a story for the media.

- stock offering will provide much needed cash, cash that can be used to buy market share/competitors. Dilution effect is only around 10%.

- LZR is divesting of money losing managed care business.

- non-recurring charge is just that - non-recurring. Flagged as an extraordinary item and not of great consequence in a fundamental analysis.

- what rumors of fraud???

- demographics, demographics, demographics. Huge untapped market with bit-players as competition.

- market isn't concerned about valuations/PE's right now. It's all about perceived growth.

- if new technology does come along, LZR likely has a greater ability financing wise to implement it. It's the smaller player with limited capital that would be hurt.

- spread IS often wide on the stock and large swings are possible, but look at it the other way - the chance is maybe greater then for a split which would narrow the spread and allow smaller investors into the stock.

- people "like" the technology. Laser eye surgery is just becoming commonplace it will become more and more accepted as people come to feel comfortable with the procedures.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext