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08/16/06 2:37 PM

#493306 RE: Zeev Hed #493305

LCA-Vision shares surge 10% on Raymond James upgrade

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MarketWatch
10:25 a.m. 08/16/2006 By Carolyn Pritchard


SAN FRANCISCO (MarketWatch) -- LCA-Vision Inc. (LCAV) shares rallied as much as 10% to change hands for $41. 91 in Wednesday's morning trading session after Raymond James upgraded its shares to strong buy from outperform on valuation. Analyst John Ransom cited the recent sell-off in the eyecare company's stock to a "compelling" valuation of 13. 5 times 2007 earnings-per-share estimates, excluding cash.