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


To: John Binford, Jr. who wrote (931)7/1/1998 10:26:00 PM
From: Paul Kelly  Respond to of 1386
 
Thanks for the clarification/correction. This will indeed be a thing of beauty to enjoy in a number of directions - I think the word of mouth on this is creating a kindly juggernaut.
Paul Kelly




To: John Binford, Jr. who wrote (931)7/1/1998 10:44:00 PM
From: James Strauss  Respond to of 1386
 
John:

A Price/Sales Ratio comparison shows that VISX is way overvalued...

BEAM P/S Ratio: 1.89

VISX P/S Ratio: 14.96

VISX could easily drop in half and still have a high P/S Ratio and an uncomfortable P/E...

Also, VISX has 85% institutional ownership... Very little room for growth... BEAM has only 17% institutional ownership... Plenty of room for growth...

I think the value money is moving into BEAM...

Jim