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Biotech / Medical : TLC-The Laser Center (NASDAQ: LZRC) -- Ignore unavailable to you. Want to Upgrade?

To: M. St.Denis who wrote (90)	3/2/2000 1:50:00 PM
From: Bid daddy	Respond to of 96

I had a small amount in this one, but sold out a few weeks back. I was shocked to see it sitting where it is today. What is going on. Can the big boys play with it that much, soon to be found out I guess. BID daddy

To: M. St.Denis who wrote (90)	3/2/2000 2:10:00 PM
From: Marc	Read Replies (1) \| Respond to of 96

TLC Laser Declines Because of Slowing Growth, Rising Expenses By Sean B. Pasternak TLC Laser Declines Because of Slowing Growth, Rising Expenses Mississauga, Ontario, March 2 (Bloomberg) -- TLC Laser Eye Centers Inc. fell as much as 42 percent, extending a year-long drop, after the operator of laser eye-surgery clinics said it performed fewer surgeries in its latest quarter than analysts expected, while increasing marketing expenses. Shares of TLC fell C$6.50 (US$4.49) to C$16 in midday Toronto trading. Earlier they touched C$13, a 52-week low. In Nasdaq trading, shares fell 4 3/8 to 11 1/16 and is down from a 52-week high of 53 1/2. TLC, which runs 55 eye-surgery clinics in North America, said growth in its number of procedures will be less than the 40 percent rate of recent quarters, even though the number of procedures will rise, analysts said. ``The outlook is not exciting,' said Joseph Walewicz, an analyst with Dlouhy Investments in Montreal. ``People were looking for a stronger quarter.' Dlouhy cut his rating on the company today to ``hold' from ``accumulate.' In addition, TLC said it increased spending on a new Internet venture and a program to attract corporate customers. The corporate program represents 20 percent of its procedures, Chief Executive Elias Vamvakas said in a conference call yesterday. During the call, Vamvakas said TLC will consider buying equipment for its clinics from companies other than its main supplier, Visx Inc. It's discussing possible orders with LaserSight Inc., Summit Technology Inc.'s Autonomous Technology Corp. unit and Bausch & Lomb Inc. Mississauga, Ontario-based TLC said it's locked in to paying a backlog of US$250 procedures from Visx, even though the company has begun offering a reduced US$100 fee. The reduced fee doesn't include servicing and adjustments for future surgeries. TLC is expected to report specific procedure numbers next week. --------------------------------------------- Finally got in today, one year from now i think we should trade a lot higher than today, we might see more downside but it will come back, might actually be a great takeover since we will see consolidation in the industry. Marc