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Biotech / Medical : Summit Technology (BEAM) -- Ignore unavailable to you. Want to Upgrade?


To: Manny Gugliuzza who wrote (682)2/6/1998 6:58:00 PM
From: ajs  Read Replies (2) | Respond to of 1386
 
Although the stock price continues to disappoint, I am still
holding my position in BEAM, for the following reasons:

1) Beam hopes to settle it's litigation with Visx (again)
rather than a drawn out legal battle.

2) FDA Approval soon.

3) An acquisition of a 3rd generation laser company (Sunrise ?)

4) The continued increase in procedure volume and consumer
awarness.

I realize this is alot to hope for, but I feel all of the above
will happen by the end of the year and the stock will be
trading in the 12-15 range.

Any opinions welcome.