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Biotech / Medical : VD's Model Portfolio & Discussion Thread -- Ignore unavailable to you. Want to Upgrade?


To: bluejeans who wrote (7384)12/28/1999 10:27:00 PM
From: Vector1  Read Replies (1) | Respond to of 9719
 
Bluejeans,
I think VISX is an excellent buy in the low 50s. They have strong patent claims many of which they held back in the recent Trade commission litigation. The cash flow is enormous and they have a massive installed base, the best technology and the resourses to stay ahead of the pack. This has always been a high beta stock and one piece of good news on the intellectual property front could sent it into triple figures. The downside from here is quite small imo.
V1