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Biotech / Medical : TLC-The Laser Center (NASDAQ: LZRC) -- Ignore unavailable to you. Want to Upgrade?

To: Herb Blair who wrote (38)	4/9/1999 9:46:00 AM
From: HarveyO	Read Replies (1) \| Respond to of 96

Globe says TLC shares soar 20 per cent on news of deal TLC The Laser Center Inc LZR Shares issued 34,192,456 Apr 8 close $57.45 Fri 9 Apr 99 In the News The Globe and Mail reports in its Friday edition that a marketing coup in the United States by TLC The Laser Center Inc. sent the stock price rocketing ahead 20 per cent yesterday to a new 52-week high, with analysts saying, "You ain't seen nothin' yet." In the wake of TLC's joint venture with Kaiser Permanente, one of the largest health management organizations, or HMOs, in the U.S., analysts began lifting their earnings estimates and stock price targets for the market leader in laser vision correction (LVC) surgery. Cameron Groome, an analyst with First Marathon Securities Inc. in Toronto, figures there are 53 million people in North America aged 20 to 45 who are candidates for laser correction. About 1 per cent already have been treated and if one-third of the remaining people opt for the procedure, Mr. Groome says the market potential is $40-billion (U.S.). Toronto-based TLC claims to have a 20-per-cent market share currently. Mr. Groome has raised his profit forecast for fiscal 1999 to 35 cents (U.S.) a share from an earlier estimate of 27 cents, and for fiscal 2000, to $1.30 from 85 cents.