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Biotech / Medical : BioLase Technology, Inc. (BLTI)
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To: Gurupup who wrote (120)7/28/1997 11:19:00 PM
From: crysball   of 706
 
Is BLTI just another typical biotech, which jumps for a day after FDA news, then volume and price shrink?

Let's see some information on the European market where they have been approved for several months. How many orders have they Booked in Europe....how many units delivered....If this is a real prduct then they ought to have real orders and shipments.

Looking at their financials it seems a wonder they could ever pass an FDA CMC audit.

Where is all the cash going to come from to finance inventory/A/R's for the the Dermatology Laser and the "much touted" laser brush.

Let's see some hard data, not just opinions.
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