BriteSmile Inc. (BWT), formerly ILT Message Board

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Biotech / Medical : BriteSmile Inc. (BWT), formerly ILT

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To: Pluvia who wrote (131)	6/28/1999 6:18:00 PM
From: Kip518	of 182

The Motley Fool's Market Movers (Goats) June 28, 1999/FOOLWIRE/ -- Investors frowned at shares of teeth whitening technologies developer BriteSmile (AMEX: BWT) today, sending the stock down $2 1/8 to $9 9/16. This week's issue of Barron's raised questions about the company's ability to turn a profit and the safety of its treatment. While the article was the likely catalyst for today's move, investors might have saved themselves some money had they read June 10th's Foolish Double, in which Louis Corrigan pointed out that despite some notable performance benchmarks -- notably and recently the June 3 news that orthodontic practice management firm Orthodontic Centers of America (NYSE: OCA) will offer the company's procedure -- BriteSmile's revenue stream and ability to execute are hardly in perfect health. Enthusiasm for BriteSmile's prospects has helped the company generate an interesting year so far, as the shares are up more than 150% in 1999 even after today's slide. But as with oral hygiene, for stockholders to neglect handling BriteSmile with care could prove a messy business.

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