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* Summit Technology Inc., which makes surgical lasers, said it won Food and Drug Administration approval for use of its laser in the treatment of nearsightedness. Summit is the No. 2 maker of eye surgery lasers; its shares rose $1.19 to close at $17.94 on Nasdaq. Shares of market leader Visx Inc. fell $1.75 to close at $71.69, also on Nasdaq.

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