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

To: Thai Chung who wrote (288)	9/17/1999 12:58:00 PM
From: W Shakespeare	Read Replies (1) \| Respond to of 413

LVCI is no longer trading on fundamentals. Its chart is showing a very bearish head and shoulders formation and its price has broken through important support levels. All of the laser providers are getting hit hard as investors are abandoning the industry for hotter stocks elsewhere. In addition, the general market is doing very poorly and today is triple witch expiration day. Having said all those negatives about the stock, the company itself is doing better than ever. Management has the best strategic plan in the industry and has carried it out to perfection. The rumors of price wars are absurd at this point and, even if they were true, LVCI would be the least effected. The company's balance sheet is loaded with cash and sales are very strong (excluding seasonal factors). Investors need to see the difference between the company and its stock. The company is doing very well while its stock is being murdered. Over the long-term, if the company continues to perform well, the stock will eventually turn around and reflect the fundamentals of the company. But for now, the stock could continue to drop regardless of the performance of the company. We are in a bear market for the laser correction industry.