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Biotech / Medical : EYES (Vision Twenty-One, Inc.) -- Ignore unavailable to you. Want to Upgrade?

To: Joe Casey who wrote (40)	5/8/1998 5:01:00 PM
From: 007	Read Replies (1) \| Respond to of 129

<The wire I posted is the reason for the tanking. No fluke to me.> It may or may not be that simple. I am sorting it out and I will post an update. 007

To: Joe Casey who wrote (40)	5/8/1998 8:56:00 PM
From: 007	Respond to of 129

Some thoughts on today's insanity. This news release with the incorrect earnings number in its headline came out before the open: biz.yahoo.com It probably didn't fool too many people, but looking at the intraday chart it appears that a block of 25k sold on the open, as well as other smaller sells. This may not seem like much, but eyes occasionally trades less than 15k per day and yesterday's volume ahead of earnings was just 36k. With these orders, eyes opened at 7 3/4 and immediately went to 7 1/8. Eventually larger blocks poured in to take advantage of the low prices and eyes rose dramatically from 10:15am until 11:30, when it met resistance at 8. The conference call was during this time (I believe the exact time was 11am), so the Bloomberg piece was incorrect in stating that "eyes fell as much as 34% after the company told analysts ...". Eyes pretty much moved up from the opening fall from 7 1/8 until daytraders started dominating the selling at around 3:15pm. Based on the above evidence supported by the intraday chart, eyes didn't selloff on the conference call, but in fact, opened low on the misreported earnings and then rose throughout the day. However strange as it may seem, the earnings were incorrectly reported before the open, and in addition, Bloomberg got the story wrong later on. Now what remains to be seen is whether the analyst quoted in the Bloomberg article misunderstood the conference call. I doubt it, but the IR dept. was as surprised by the Bloomberg article as it was by the drop in the share price earlier. So that's where we stand. Hopefully, eyes will issue a new release clarifying all of this before the open on Monday. There has been too much confusion and we deserve to know the company's forward outlook. In the meantime, it sure looks good to move up from here. Have a nice weekend, 007 PS Conference call replay is available at (800)633-8284, code 4245138.

To: Joe Casey who wrote (40)	5/11/1998 9:19:00 AM
From: Wally Mastroly	Read Replies (1) \| Respond to of 129

Bloomberg still carrying one-liner on SNRS(last paragraph): bloomberg.com Also from Friday's Motley Fool - "May 08, 1998 (6:18 PM ET) - The Motley Fool Evening News Eye care management company Vision Twenty-One (Nasdaq:EYES - news) dropped $2 1/2 to $8 1/4 after reporting Q1 EPS of $0.11 (before charges), which was in line with the First Call mean estimate. The results do not include $0.05 per share in charges to repay a bridge loan and merger costs..."