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

To: GrandPohba who wrote (857)	4/25/1998 11:47:00 AM
From: yosid	Respond to of 1386

GP I can only use VISX as an example. Many of their supporters held off from purchasing BEAM machines until VISX got FDA approval, and after their approval, there was a huge increase in sales for a few quarters. After they serviced the backlog, they have never gotten to those levels since. For the near future, undoubtedly, Visx will sell machines, but I'm sure everyone has revised their projections of the level of sales. You can bet other companies are putting strategies together to cut into the market. As for Summit, they have to be looking for a leap into future markets by supplementing their installed base with a buyout of new technology. Why develop a better machine when you can buy it? Don't be surprised if you get two news-breaks soon - New laser approved by FDA for PRK procedures, and Summit merges with new company.

To: GrandPohba who wrote (857)	4/25/1998 10:48:00 PM
From: John Binford, Jr.	Read Replies (1) \| Respond to of 1386

I think many have waited for newer technology before purchasing a laser and that has hurt Visx's and Summit's sales. However, I think Visx has a very good shot at converting many fence sitters with their new STAR S2. Ablation profiles are supposedly the smoothest of all known manufacturers and it treats out to a much greater area (I can't recall how many millimeters, but more than the 6mm of the initial model.) And it supposedly does an excellent job treating hyperobia.