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Published on 11/2/2007 in the Prospect News Special Situations Daily.

Gamco ups stake in Advanced Medical

By Lisa Kerner

Charlotte, N.C., Nov. 2 - Investors led by Gamco Asset Management Inc. again increased their ownership of Advanced Medical Optics, Inc. with the purchase of 538,023 shares of the company's stock between Sept. 24 and Oct. 31.

The shares were priced from $23.95 to $31.88 each, according to a schedule 13D filing with the Securities and Exchange Commission.

The reporting persons now have a 7.38% stake in Advanced Medical, up from the 6.27% ownership reported on Oct. 9.

Gamco and its affiliates own a total of 4,462,717 shares of the Santa Ana, Calif.-based ophthalmic surgical device and eye care products company.


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