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To: Logistics who wrote (8434)4/18/1998 2:43:00 PM
From: Dave Gore  Respond to of 34592
 
JUST IN CASE YOU AREN'T CONVINCED TO BUY LCAV

LCAV: Laser Eye Surgery Centers
** Revenues increased by 98% and 206% at original centers
** VISX blowout earning report thursday validates this industry is HOT!
** Volume Friday almost 10x normal
** 2 major news announcements (see below)
** Recent high was $8.50 so can run a long way from current levels
** Price still at only $3.50

CINCINNATI--(BUSINESS WIRE)--April 8, 1998--LCA-Vision Inc. (NASDAQ:LCAV - news), the leading U.S.-based company in the fast-growing laser vision correction sector, today reported that first-quarter volume at its 30 centers rose 98 percent to 4,451 procedures, up from 2,248 for the same period a year ago and the same 30 centers.

Excluding the centers acquired from Summit Technology in August of 1997, first-quarter volume at LCA-Vision's 11 original, wholly-owned locations ****** grew 206 percent ******

to 2,759 laser vision correction procedures versus 903 procedures in the first quarter of 1997. The largest number of laser eye surgeries (448) during the quarter were performed at the company's Cincinnati center, a gain of 287 percent over the same period last year.

Of the 4,451 laser vision correction procedures performed in the first quarter, the centers acquired from Summit accounted for 1,098. Total procedures for those locations grew 132 percent over a year ago, and 35 percent compared with the fourth quarter of 1997.

Commenting on LCA-Vision's robust first-quarter numbers, Chairman and CEO Dr. Stephen Joffe said: ''Growth in the number of procedures is running well ahead of our projections of several months ago. We are beginning to see the ratcheting up in sustained demand that we, and others in our industry, have long predicted.

''The strong gains we've made at our original centers demonstrate that we have created a business model that can sustain profitable growth as procedure volume and public acceptance accelerates. We are also very pleased with the progress we've made in turning around the former Summit centers that were under-performing.''

Amplifying on the surge in demand, Dr. Joffe noted: ''Enthusiastic patient word-of-mouth and the renewed attention the media has focused on laser vision correction have given the procedure a real boost. Despite the significant financial investment patients must make, many consider it a positive, life-altering experience well worth the price. This is particularly true of the state-of-the-art surgical technique called LASIK, which allows a highly-trained ophthalmic surgeon to correct both eyes consecutively and achieve near-instantaneous vision improvement with minimal discomfort and post-op care.''

LCA-Vision currently operates 27 laser vision correction centers in the U.S., two in Canada, and one in Helsinki, Finland. Nearly 25,000 successful procedures have now been performed at all of the company's sites which have more than 600 physicians and 800 referring optometrists affiliated with them.

LCA-Vision also manages laser, and minimally invasive, multi-specialty programs for major hospitals across the country.
------------------------------------------------------------------------

RELEASE #2: by VISX, that jump started LCAV as well (see below)

NEW YORK, April 16 (Reuters) - Laser eye treatment stocks rallied on Thursday after better-than-expected profits at VISX Inc. (VISX - news) injected further credibility into a sunrise industry as public confidence in the procedure grows.

''VISX's earnings validate the growth in the procedure that we have been talking about,'' said Charles Olsziewski, a first vice president at PaineWebber.

VISX's net income in the first quarter of this year rose to a record $0.58 per share, up from $0.17 per share in the same quarter last year.

The treatment of near- and far-sightedness using lasers began about three years ago.

PaineWebber estimated that 70,000 people were treated in the United States in 1996, rising to 200,000 in 1997, with further growth to an estimated 350,000 this year, and to 500,000 to 550,000 in 1999.

There is a potential laser-treatment market of 60 million near-sighted people and 50 million far-sighted people in the United States, Koo said.

''It's a lifestyle change,'' he added. ''The outlook is going to be quite positive as vision-correction (surgery) continues to gain acceptance.''

Laser Vision's stock was up 15/16 at 11-5/16. LCA's stock was up 5/16 at 2-5/8. NEW YORK, April 16 (Reuters) - Laser eye treatment stocks rallied on Thursday after better-than-expected profits at VISX Inc. (VISX - news) injected further credibility into a sunrise industry as public confidence in the procedure grows.

Contact:

LCA-Vision Inc.
Stephen N. Joffe or Larry Rapp
513/792-9292
or
The Dilenschneider Group, Inc.
Ken DiPoala or Joel Pomerantz
212/922-0900



To: Logistics who wrote (8434)4/18/1998 2:48:00 PM
From: LouieD  Respond to of 34592
 
Logistics........here's my 2 cents

I would love to quit my day job ,but owning two Taverns makes it tough to just quit.As far as money goes I feel $100,000 a year is good pay but we should be able to make more than that if we stick together as a group.Whether we have a bear or bull market doesn't matter as long as you know how and when to short a stock.I personally don't like shorting stocks,and never have,but I just wanted to make the point that it doesn't matter which kind of market we have,there is always the opportunity there to make money.

LouieD



To: Logistics who wrote (8434)4/18/1998 3:05:00 PM
From: Israel  Respond to of 34592
 
forbes.com

Read the above article.. it will give you a sense of just how much $$ one can make daytrading.. This of course is what lures countless people into daytrading.. the perks..

You can be free. You can live and work anywhere in the world. You can be independent from routine and not answer to anyone.
This is the life of a successful trader.
Many aspire to this, but few succeed. An amateur looks at quote screen and sees millions of dollars sparkle in front of his face. He reaches for the money-and looses. He reaches again-and looses more. Traders lose because the game is hard, or out of ignorance, inexperience, or lack of discipline...

...an excerpt from Trading For A Living by Dr. Alexander Elder

Happy Trading,
Israel



To: Logistics who wrote (8434)4/18/1998 4:03:00 PM
From: Big Dog  Read Replies (1) | Respond to of 34592
 
$250,000 is not that hard if you know what you are doing.

BIG DOG