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Biotech / Medical : BioLase Technology, Inc. (BLTI)

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To: regine who wrote (92)6/2/1997 9:43:00 AM
From: Andrew   of 706
 
Sorry for generating so much confusion.

The stock in Ion Laser (a company that makes laser based teeth whitening machines) had the roller coaster ride from 2 to 30. BLTI hasn't done that yet, but there could be the same sort of volatility and euphoria as there was with ILT.

The potential for a Japanese deal is with BLTI, not a competitor.

My simplistic rule is to sell half my position when the stock doubles. In your case this philosophy might vary. I can't begin to know when the BLTI price will exceed $5.75.

Good luck with your investment.
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