The following is from Skipard who discussed these issues on the AOL
thread.
Subj: Re:Question from SI thread
Date: 97-03-21 21:11:48 EST
From: Skipard
I am confused by your post and reference to TSCN,but whoever is
concerned about BLTI has every reason to be if this is their due
dilligence which a 2 year old would be ashamed of if the 2 year
old could read.Point 1.German sales are declining.They announced
their initial contract with the Germans just before XMAS,that contract is for $12mm over 3 years,and because of add-ons will be closer to $18mm,and the Germans are taking on their whole line.So sales can't delcine if they just got starter.Point2 The company has approx.$4mm in cash and no debt,that is a lttle over $.01 per share.Point 3.Go back and look at he insider activity for the last 6 months,and all they have been doing is buying.NO SALES.Point 4 who cares about the institutions?As we all have been waiting for a trigger to get this stock going,when it comes which I anticapte will be in the next 90 days maybe they will buy or won't buy I don't care.I will get a full update next week,as the ceo has been in Europe,Spain,Japan talking to the leading companies,and is coming back for the big dermatolgy convention this week.I will repear one more time my scenario for the next 90 days,and after that I will be out of excuses,and will not be a happy camper.1.New corporate alliances vis a vis the German deal,FDA approval,LaserBrush kickoff on national scale and a big big
contributor to sales and earnings,and it will drive this
puppy,2 or more research reports,new sponsorship,new players,
and the stock is very dry in here and it will not take it a
lot to get it going.See ya next week. |
