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


To: Vern R. Starks who wrote (303)9/22/1999 7:14:00 AM
From: Dr. John M. de Castro  Respond to of 413
 
LVCI to join S&P SmallCap Index
Fasten your seat belts. Tomorrow the index funds will be buying LVCI. Expect an uptick on heavy volume.

STANDARD & POOR'S ANNOUNCES CHANGES IN S&P INDICES
New York, N.Y., September 21, 1999 - Standard & Poor's will make the following changes in the S&P MidCap 400 and S&P SmallCap 600 Indices:

Westwood One (NYSE:WON), an S&P SmallCap 600 component, will replace Enesco Group (NYSE:ENC) in the S&P MidCap 400 Index after the close of trading on Wednesday, September 22, 1999. Westwood One is acquiring S&P SmallCap 600 component Metro Networks (NASDAQ:MTNT) in a transaction anticipated to close on that date. Enesco Group will be transferred from the S&P MidCap 400 Index to the S&P SmallCap
600 Index where it will replace Westwood One. Laser Vision Centers (NASDAQ:LVCI) will replace Metro Networks in the S&P SmallCap 600 Index.

Best regards and profitable trading to all.



To: Vern R. Starks who wrote (303)9/22/1999 11:50:00 AM
From: W Shakespeare  Read Replies (1) | Respond to of 413
 
The investor relations person you talked to does not know what he is talking about. LVCI insiders as a group own less than 2% of the company's stock.
It will be interesting to see if there is any insider buying this month now that the stock has caved. If there is no insider buying that occurs, I would take that as a more bearish reading on the company's prospects than the prior insider selling. Insider's can sell for many reasons that are unrelated to their opinion of the company's prospects (personal needs, diversification, ect.)