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


To: Larry Williams who wrote (823)6/2/1999 2:32:00 AM
From: W Shakespeare  Respond to of 942
 
I don't think today's price drop is a big deal. When we looked at LCAV in relation to the other providers last week, it seemed that LCAV should trade at about 1/4 the price of LVCI based on the number of lasers each has in operation. Since LVCI has risen to almost $60, I think that LCAV should trade at about $15 a share. This inequity will correct itself and LCAV will be moving up again shortly. I also believe that LCAV will continue to be very volatile until its shares start to trade on the NASDAQ.