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


To: W Shakespeare who wrote (401)12/19/2000 9:10:27 AM
From: Patricia Meaney  Respond to of 413
 
I made a lot of money on LCAV. I had bought it early when it was under $2 and rode it up to about $13 and sold. When it started dropping I saw $7 and $8 as buying opportunities so I picked up more. The rest is history - the sector and the market plummeted and that great "buying opportunity" was one big mistake. I decided that there was no way LCAV would be near my cost basis in 30 days - so why not take a tax loss, wait the 30 days and buy it back. This was my plan. In the meantime LVCI looked attractive and there was no waiting period so I just used my LCAV money to buy LVCI. It was not that I liked LVCI much better than LVAV - just a tax maneuver move.
I am still a bit leery about this entire sector due to the fact that there are too many doctors out there performing this surgery with not enough experience. Also, there is a small percentage of people who are living nightmares post surgery. I wasn't aware of this until after I had the surgery and was looking for information. Unfortunately we only hear of the successful surgeries. Take a look at this site and see (no pun intended) some of the nightmares:
surgicaleyes.org