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


To: pappy who wrote (760)3/16/1998 2:46:00 PM
From: majormember  Read Replies (1) | Respond to of 1386
 
ALL:

BEAM, to an extent VISX have had their day. Tomorrow belongs
to SNRS. This ones going to $35 in 12 mo. like VISX/BEAM/

dljdirect.com

You have ground floor opportunity. Today's breakout is the
beginning.

Regards,
Skane



To: pappy who wrote (760)3/16/1998 4:24:00 PM
From: lastbear  Respond to of 1386
 
thanks to the tryout (I'm cheap too) I can add my 2 cents here as well-

Been following BEAM - VISX for about 1 1/2 years and here my observations:

Just comparing the clinical trial data posted on the VISX and BEAM websites it appears that the Summit Laser is more effective.

insider buying in BEAM has been strong recently and is out of the ordinary

The last time BEAM and VISX reached the end of a lawsuit, Summit got paid about 4 million by VISX

BEAM currently holds about 60 million in cash, but also owns Lens Express and 20% of LCAV. If they were to sell these holdings would Summit not have more than the 100 million that VISX holds in cash ?

In summary - I'm not sure if anyone is clearly in a better position, but VISX laser vision business costs about $350 mio, Summits can be had for less than $100 million at the current prices of $30 and $6 3/4
(after deducting the value of cash and other holdings from market cap)

I also believe that Summit will win its current lawsuit about the
"LASIK loophole"



To: pappy who wrote (760)3/16/1998 4:45:00 PM
From: cheeseboy  Read Replies (2) | Respond to of 1386
 
That fellow "Pappy's" postings strike me as having a rare combination of being funny yet annoying . Unfortunately, I cannot use terms such as "informative" or "factual" or "insightful" or "well reasoned" to describe his postings as, regrettably, attributes such as those do not appear at all to be present. Is it just me or does anyone out there feel the same way?

One of the most dangerous and reckless statements I have ever heard someone say when discussing investments is "DON'T BOTHER TO POST THE FACTS"
YET THIS IS PRECISELY WHAT THIS "PAPPY" FELLOW SEEMS TO BE SAYING.
As a result I hope warning flags are being raised at this point by the more reasonable investors and posters on this board when they read that type of "Facts......I don't need no stinking Facts" Bravado. Let your common sense, your conscience, and your sense of "reasonableness" be your guide. Not someone telling you to ignore facts or refrain from posting them.

I wish this "Pappy" would not get personal in discussions of an investment nature--it lessons his credibility and cheapens the discussion for us all. Perhaps if folks let him know this, he might make the effort to change his posting style to one of which that would contain facts and well reasoned supposition, and possibly even a little humor, rather than the personal attacks, innuendo, and unsubstantiated hype that accomplish precious little.

If we were drinking a few beers in a dank, musty bar, conversation along the lines of "Pappy's" postings would probably be welcome. But not where investment dollars are concerned. Lets stick to facts and well reasoned supposition or we waste everyones time as well as degenerate this generally fine website to the point where it would not be worth anyones money to join or even post during a free trial period.

P.S. The friendly, folksy, down home atmosphere around here may just make me pry open my clamshell wallet and plunk down 125 of my "moth eaten" dollars.

Best Regards