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Biotech / Medical : PLSIA (Premier Laser Systems)

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To: Terry V who wrote (1488)2/23/1998 1:49:00 AM
From: Kamil Etem  Read Replies (1) of 1773
 
Well, if we consider your survey of 42, 41 negative and one not accounted for, I assume was positive, we have over 2% of the market early on in the sales cycle. "The ADA today has more than 141,000 members 54 constituent (state-territorial) and 529 component (local) dental societies."(from the latest data)..let's figure 2% of 141000= 2800 potential sales x 39K=109,200,000 in revenue. Even 1%=about 55M. Not to mention international sales or opthalmic or other devices, products and/or services. I also spoke to a half a dozen dentists and my results were 1 of 6 seriously considering the device, hard tissue limitations aside. More significantly, I found 3 of 6 had requests for information from patients (one of these patients was a potential investor). When patients are considered, the appeal of laser tech (dental/opthalmic) increases. Less pain, swelling, more rapid healing. Conventional methods will change as educational institutions get on-board. Noone wanted to buy (or could afford) Ford's T and replace the horseless carriage either.

I like to trade too, however, IMHO the next 12-24 months are going to see continued surpassing of earnings estimates and strong performance from additional patents, trade and market acceptance. I'll take profits, and reinvest here when opportunity beckons. Thanks, Terry, for your viewpoint and info.
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