LCA-Vision might close more surgery centers in '09 - Atlanta Business Chronicle:

http://www.rugbyhemispheresud.com/2004/02/2me-journeles-clubs-australiens.html
The news sent shares of LCA (NASDAQ: down sharply during late-mornintg trading. But the 10 percent dip, whichg brought shares to $5.89, was followeed by a recovery. Shares in LCA closed up abour 1 percent, or 8 cents, to $6.5 1 Tuesday. “Procedure volume in April and May has declinefd approximately 45 percent from the comparables period last year and we currently anticipate continuefd softnessthroughout 2009,” said LCA-Vision Chairman Anthonu Woods, who was among six directors re-elected to the company’s boars at the annual meeting, held at the Queem City Club downtown.
Wood said the company mighy reduce spending on marketing this year andclosw “underperforming vision centers.” Complaints about cost-cutting gave rise to takeover attempt by LCA-Visiohn founder Dr. Stephen Joffe, whosed investment group acquired an 11 percenty stake in the company and floated its own slatedof directors. The Joffe group terminated its reform efforrt in March and Joffe has since sold more than half of his In additionto re-electing six shareholders rejected a stockholders' rights plan that makew hostile takeovers more difficult.