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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank -- Ignore unavailable to you. Want to Upgrade?

To: nokomis who wrote (48770)	7/6/1999 8:01:00 PM
From: Susan G	Read Replies (1) \| Respond to of 120523

beta.siliconinvestor.com

To: nokomis who wrote (48770)	7/6/1999 8:04:00 PM
From: bobby is sleepless in seattle	Respond to of 120523

beam...btw...owns at least 7.2 million shares of LCAV...someone else may be a little in tune in deciphering 10Q... just something I ran across... biz.yahoo.com The Company's available-for-sale investment securities consist of debt securities, primarily corporate bonds and mortgage-backed securities, and 7.2 million shares of LCA common stock. The fair value of these investment securities at March 31, 1999 was $70.5 million, which included $42.1 million of debt securities and $28.4 million of LCA common stock with a corresponding accumulated unrealized gain of $9.2 million. Substantially all of the unrealized gain relates to the LCA common stock, which is subject to much more market risk than the Company's debt securities and which has been more volatile than most market indices. A 10 percent change in the quoted market price of one share of LCA common stock would have an impact of approximately $1 million on the fair value of the Company's investment in LCA common stock. This impact would be recognized in the Company's statement of comprehensive income. At March 31, 1999, the Company's debt securities consist of highly rated debt instruments. The Company's investment goal surrounding debt securities is to meet liquidity needs and to preserve the principal.