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Biotech / Medical : VISX -- Ignore unavailable to you. Want to Upgrade?

To: Phil who wrote (1282)	8/19/1999 2:56:00 AM
From: Bruce Byall	Read Replies (1) \| Respond to of 1754

LVCI uses VISX. Good earnings and ( IMHO ) excellent CC. Conference call can be heard at: corporate-ir.net LaserVision Posts $0.14 Per Share Profit For First Quarter; Gross Profit Increases 151%; Revenue Up 131% ST. LOUIS--(BW HealthWire)--Aug. 18, 1999--LASER VISION CENTERS, INC., (Nasdaq: LVCI) announced today that revenue for its first quarter ended July 31, 1999, was $20,999,000 compared to $9,110,000 for the same period a year ago. Net income for the quarter was $4,133,000 or $0.17 per share To: MGV who wrote (265) From: Robert G. Harrell Wednesday, Aug 18 1999 5:34PM ET Reply # of 268 I just caught the last 20-25 minutes of the CC. The sell off today was apparently caused by misunderstanding of the pricing structure. LVCI gets approximately $700 per procedure regardless of what the surgeon charges. A price war between surgeons would only help LVCI if the lower charges produced more procedures. The sell off today was totally unwarranted. Glad I increased my holdings by 50% near the low. Will try to grab some more VISX cheap at the open tomorrow if it doesn't gap up. The sell off in VISX made even less sense. Bob