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Microcap & Penny Stocks : lcav -- Ignore unavailable to you. Want to Upgrade?

To: Harry W. Lowe who wrote (103)	11/30/1997 3:50:00 PM
From: Cisco	Read Replies (1) \| Respond to of 942

Hello Harry, I see it has been fairly quiet on the LCAV thread. That may change by the middle of next year. I currently don't own any LCAV, just waiting for the right time. I jumped in a little to early last time. I thought you might be interested in the following. Innovative Optics, Inc., announced that they booked $11 million in sales of its innovatome microkeratomes in early November at the American Academy of Ophthalmology's annual meeting where the device was formally introduced. Sounds like a lot of doctors are planning on doing a lot of LASIK in the near future. Michael Moretti, editor of Medical Laser Insight, has stated that "the LASIK market is expanding rapidly through out the world, with an estimated 350,000 procedures performed this year and a 20 percent annual growth rate." (November 10, 1997, Vol 36, #9, AOA News) The November 28, 1997 edition of Cincinnati INC., a publication of the Business Courier quotes Dr. Joffe as saying 4 of the 43 free-standing surgery centers are profitable with "4 more expected to be profitable this year". He is also quoted as saying that he "expects LCA to return to profitability in 1998". The article also showed Dr Joffe and his family as owning $48,612,784 of LCAV stock. Harry, what would you be looking for on determining when to start retaking a position in this stock? With a stock that is trading this thin, would you start taking a position earilier then you would otherwise? Cisco

To: Harry W. Lowe who wrote (103)	12/12/1997 10:27:00 PM
From: Manny Gugliuzza	Respond to of 942

as a soon to be lcav stockholder i decided to post this here and then brief it on the summit line. yosid! after charting and tech analysis since 1981 when i first entered this market my take on this is that the tech on this chart are virtual unreality. they are nearly destroyed due to 50% in 3 day air drop. john was 90 % correct in his post last nov. you cannot hold lcav investors to these shares after seeing a tighly held company with a 10% float only- going now to an extra 9 millon alone for summit shareholders. talk about a wall of worry!! what i do not understand is why the shareholders decided to dump these now./ these shares have been a done deal for a while. there is however one saving tech that can possibly be applied here. market makers are not going to have much control to manipulate this stock untill these extra shares comming to the market are grab by insiders or not sold at all by summit holders as i intend to do but to add to the position creating a head and shoulders up and out of the depths of this pit where? book value? no clue as i will leave this to those with a formal business education to grind these numbers out. myself and i think others at summit site are torn between recent changes also. being in the medical profession as a veterinarian for 22 years i have seen a lot of new techniques developed. they usually just get better with time. when this dust settles and these shares of lcav are in our hands a floating trade of 12 million shares may not have as many sellers as you think especially at these prices. what if most summit holders decide not to sell? then you could possibly bypass the shoulder formation altoughter. enough of my take lets have some other possibles from others this site is far from dead. thanks for your patience in reading this and all of your well written comments too. ar.