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11 May, 2007

LCA Vision (LCAV) – Why Headlines Mislead

Filed under: LCAV,stocks — abs1nthe @ 10:03 am

I really like LCA Vision. It’s a growth story without a lot of financial drama–though it has more than its fair share of family drama. Early this week, LCA Vision reported First Quarter results showing 18% revenue growth. Yet, Wall Street whacked the company by shaving about $3 off the then $44 stock. Why? Because of headlines like: “LCA Misses Estimates.”


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