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

To: pappy who wrote (703)	2/17/1998 2:45:00 AM
From: John Binford, Jr.	Read Replies (1) \| Respond to of 1386

Nobody has dogged Summit. People are just stating the unpleasant facts about Summit. The only thing Summit has done an excellent job at is destroying their market value. I do own a good chunk of Summit, but I'm not all that confident they will do anything to enhance the shareholders value. They seem to raise costs to kill any potential profits.

To: pappy who wrote (703)	2/17/1998 1:06:00 PM
From: Jim Mac	Read Replies (3) \| Respond to of 1386

I'm not saying BEAM will be a lousy investment. Quite the contrary, if everything goes according to plan, royalties alone will give Summit a good future. No one's denying that. But at this point, royalties are all Summit has going for it. It's reasonable to be very cautious with Summit. I'm just being reasonable. It's important to keep perspective. BTW, do you own any VISX, LVCI, LZRCF, VISN, or any other LVC stocks? Holding only BEAM (and I assume LCAV) in the LVC group may be like shooting craps.