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To: changedmyname who wrote (59314)3/2/1999 4:15:00 PM
From: Mr. Park  Read Replies (4) | Respond to of 119973
 
With today's runup of VISX...one tremendous sympathy play is BEAM (Summit Technologies).

They manufacture the machines that perform eye laser surgery. They had problems in the past because their president opened "summit clinics" where people could get eye correction surgery. This move pissed off many hospitals/doctors who bought these machines. The president was removed and "summit clinics" were sold off as pursuant to last quarter's 10-K. This co is a baby that should be worth at least half of VISX in mkt. cap. Their earnings are due out any day...and are late because a new auditor was hired. Merril Lynch depressed the stock all day by stopping any momentum and then buying everything. Look at the time/sales last 1/2 hour when daytraders all got out. All the 5 3/4 's were sucked up. Look at the VISX chart...Beam could potentially do a triple or more if hype and the right numbers come in.

IMHO
IcyGual