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Microcap & Penny Stocks : lcav -- Ignore unavailable to you. Want to Upgrade?

To: Manny Gugliuzza who wrote (497)	8/7/1998 5:06:00 PM
From: Harry W. Lowe	Read Replies (1) \| Respond to of 942

AR and All, LCA Vision will be proposing a reverse stock split and employee stock incentive plan on August 10, 1998. See the following URL for the Edgar Online Pre 14A Form which will be submitted to all stock holders of record 8/10/98: <http://www.edgar-online.com/quotecom/full/?doc=0001003130-0000906318-98-000063> It is a long document and full of legal terms, but the message is clear, to comply with NASDAQ $5.00/share stock price requirements, it is necessary to approve the reverse split. The actual ratio was not specified but will be somewhere between 1 for 2 and 1 for 10. Considering the current price of $3.00, I would imagine 1 for 5 up to 1 for 10. This reverse split will have a short term negative affect on the stock (if it hasn't already). Give me your thoughts on the potential affect on LCAV regarding this proposed plan. Harry