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.
Biotech / Medical : Laser Vision Centers, Inc. (NASDAQ: LVCI) -- Ignore unavailable to you. Want to Upgrade?


To: W Shakespeare who wrote (258)8/18/1999 12:32:00 PM
From: Nazbuster  Read Replies (1) | Respond to of 413
 
I'd be careful here... I took a big hit in LCAV... There may be some negative news lurking for laser in general given the way both these stocks reacted today. No news posted for LCAV on Bloomberg... no filings, no news. CFO is conveniently "on the road".

If anyone has friends in the FDA, time to call them!



To: W Shakespeare who wrote (258)8/19/1999 10:21:00 AM
From: Angler  Read Replies (1) | Respond to of 413
 
Thanks, W:

The downtrend in all laser entities certainly has been puzzling to me. I particularly looked at the P.E.s and guessed that those numbers were too high for heavy hitters in the market and they were running away?
However, I was still betting on next years' results and LVCI's report yesterday certainly bears out our optimism.
It appears that folks are so nervous today they are not able to buy and hold for even 6 months anymore. I have to blame it on new stock buyers using the Internet for gambling on immediate results. Lotto fever!
Earnings are suppose to drive prices. The little Canadian cut-rate company coming to California has me on their fax list. Their announced $999 low profit procedure can't hold up for long and the stats that their resume presents including expectations in financing presumptions for U.S. expansion look negative to me and probably to various classes of long term lenders (if such threats are scaring clinic industry support)?
Regards,

Angler