Tuesday, June 5, 2007

LCA-Vision Inc (LCAV)

has consolidated in a narrow range over the last three months and it looks like buyers are getting aggressive again. Buying the stock at current levels makes sense to me with a stop near 44.00.

Here's a description of their business from Google Finance-

LCA-Vision Inc. (LCA-Vision) is engaged in the provision of fixed-site laser vision correction services at its LasikPlus vision centers. Its vision centers provide the staff, facilities, equipment and support services for performing laser vision correction that employ laser technologies to help correct nearsightedness, farsightedness and astigmatism. The Company’s vision centers are supported mainly by independent, board-certified ophthalmologists and credentialed optometrists, as well as other health care professionals. The ophthalmologists perform the laser vision correction surgery in the Company's vision centers, and either ophthalmologists or optometrists conduct pre-procedure evaluations and post-operative follow-ups in-center. During the year ended December 31, 2006, LCA-Vision owned and operated 60 LasikPlus fixed-site laser vision correction centers generally located in metropolitan markets in the United States and also a joint venture in Canada.