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LCAV: Revenues Bottomed?

By sajid.karsan on Thu, 2009-02-19 17:15
(via barelkarsan.com)

Last week, LCA Vision (LCAV) reported results for its fourth quarter ending Dec 31, 2008. What makes LCAV appealing for value investors is its strong financial position. While its chief competitor TLC Vision (TLCV) flirts with bankruptcy and a 15 cent/share stock price, LCAV holds $56 million in cash compared to debt obligations of just $21 million.

LCA-Vision Is Worth A Look

By sajid.karsan on Fri, 2008-11-14 16:06
(via barelkarsan.com)

LCAV's stock has taken a huge beating as a result of the tough economic times, falling all the way from $45 last year to $3 this year. The main reason? A dramatic fall in revenues: demand for this expensive and discretionary surgery is quite cyclical, as we saw here.