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| Marcus,
Laserscope announced record revenues and earnings! See below on how many PVP fibers that they sold last quarter, over 8000. They expect that 33,000 to 35,000 PVPs will be done in 2004. I doubt it that the stock price has anything to do with this newsgroup.
PVP is certainly catching on.
From Laserscope's Quarterly Report:
Urology Business
"During the second quarter we sold a record 58 GreenLight PV laser systems and increased sequential fiber volume by 33% to 8,490 fibers, outpacing our first quarter successes during which we sold 49 systems and 6,403 fibers. We believe this quarter's rapid fiber sales continue to validate the procedure's increased worldwide adoption. We are also seeing an increasing level of excitement and performance in our international urology business and are looking forward to a record year from our international team."
Beginning July 1, 2004, Laserscope raised the price of its fibers in the U.S. from per unit list prices of $670 to $820, depending on region, to a uniform list price of $875 per unit throughout the United States.
"Marcus" <orealius@comcast.net> wrote in message news:ykXPc.223712$JR4.165738@attbi_s54...
I'm not surprised. Perhaps investors have the sense to read newsgroups such as these, wherein it has become apparent that PVP is NOT ALWAYS the problem-free, easy recovery, panacea that it has been cooked up to be by Laserscope and their cheerleaders.
It's too bad. People, particularly in the medical industry, should have the integrity to be honest and err on the side of caution when they promote their medical wonders. PVP is probably as good a BPH procedure as there is. Maybe the best. But all the hype about it being the easy recovery, "new gold standard" etc. etc. has only spuriously inflated its value and has lead to what now appears to be an instability in it's stock value.
Eventually the truth comes out. Maybe the marketeers will figure that out one day, and tone down their irresponsible hullabaloo.
Marcus
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