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LCA-Vision AŞ Message Board

  • realinvestmentstrategies realinvestmentstrategies Mar 7, 2003 8:27 AM Flag

    TLC - Capital spending?

    <<<TLC Vision Corporation (NASDAQ:TLCV -
    News; TSX:TLC - News) announced today that it as completed the installation of wavefront analyzers at its TLC Laser Eye Centers locations throughout the United States. The Company is the first multi-center operator to make this technology widely available throughout its system.>>>

    It would seem that TLC would have made a considerable capital investment to install the wavefront analyzers. An eight figure dollar amount might seem reasonable, although no mention is made whatsoever in the news release.

    So the questions become:

    1) How much did TLC invest and when?

    2) How was this equipment financed?

    Many posters on the LCA Vision board have been predicting that TLC would not survive the year. The ability to make a significant investment in capital equipment would suggest that TLC is not having any liquidity problems. Comments?