Ellex - elx

[shots]

I don,t know whether anyone has posted on this company.
They make and supply Lasers for eye surgery.have markets in USA/japan and appear to be leaders in developing this technology,having released recently a new laser.
It is in a Niche market with high returns.
They were a distribution Co, but now make and market their own products providing much better margins.
Share price has increased in recent times from .20c to.62c 31/3/06.
They are going to do a presentation at the Citigroup micro cap conference shortly to get their Company profile out there.

This Company may be worth a look at for good short and long term growth.

I have recently purchased shares as to me they appear to be developing a strong business.
I would love some opinion and please DYOR

[cloggs]

I bought in at 45ct a month ago on the strength of stuff I read about ELX on sharescene.com which has a thread about it. Obviously I think its a great company cause they've gone up nearly 50%since then. They sem to have a good product with not much in the way of competition.

[shots]

Hi cloggs,
Well done.
Market Analysis have recently recomended these as a buy.
That,s what got me interested in digging deeper.
Lets see what happens with the full year results.
I feel your return may be 100%.
So long as the financials deliver.
Regards
shots

[shots]

Ellex outlines its direction in citigroup presentation.
To grow market share in it,s current potential $200 million market.
Then enter the $2Billion Opthalmic device market.
This is their strategy which sounds pretty exciting,which is only my opinion.
Please DYOR

[tommy]

Recently broke resistance, ready to rock n' roll[]

http://asx.netquote.com.au/charts.asp?code=elx&x=0&y=0

One to watch, sell side is thin (hehehe)

Please do your own research (disclosure: I hold)

[Flying Goat]

hope you're hanging in there Tommy, Ellex getting stronger on the back of the clearance for China news. $1.00 not far off?

fg

[Flying Goat]

Tommy what are yr thoughts (fundamentally) on ELX at the mo. Is slipping into a price range where i am starting to look more closely...

Thanks, FG

[percy]

Today's profit upgrade guidance was well received by the market.

[Lizard]

Looks interesting. Would be interesting to have a closer look at the potential for the AMD treatment and extent/possible timing of future growth from it.

[drew]

Interesting i was just looking at this company over the weekend along with some other very small cap medical device companies.

ELX didnt quite interest me but IRIX listed on the NASDAQ does seem very interesting. Have any of you looked at this company at all?