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

To: W Shakespeare who wrote (322)	10/28/1999 4:07:00 PM
From: Mozingo	Read Replies (1) \| Respond to of 413

Latest nail in the coffin at the appropriate time of the year, Halloween! RESEARCH ALERT - Laser Vision rating cut October 28, 1999 08:07 AM NEW YORK, Oct 28 (Reuters) - Warburg Dillon Read said Thursday that analyst Rebecca Irwin has cut her rating of Laser Vision Centers Inc. to buy from strong buy. -- cut her price target to $20 a share from $40. -- said expects weak second quarter due to seasonality. -- said doctors are demanding to transition to fixed laser sites from mobile laser sites sooner than in the past and that this hurts revenue. -- said doctors are in process of revising prices downward. -- expects stock volatility over next couple of quarters. -- said company is shifting from receiving a fee from the surgeon for each procedure done to sharing profits and risks of pricing pressure with the ophthalmologist. Laser Vision common traded down 1-3/16 to 9-1/4. ((-- New York Health Desk 212 859-1870)) REUTERS