BioLase Technology, Inc. (BLTI) Message Board

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

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To: crysball who wrote (124)	7/30/1997 11:24:00 PM
From: Karl Drobnic	of 706

This is a development stage company that has just begun to commercialize its products. Its products are unique and protected. If the company has judged the potential demand correctly, sales will be fast and furious. But the only "backlog" is the Millenium contract in Germany. You need to research the product for this kind of company, not financial fundamentals. Development is just about over, so $4 million should last them until the LaserBrush launch in Sept. LaserBrush will probably retail for $150, and wholesale to tv shopping channels for $80. That will be a lot of "instant" cash for BLTI, coming soon.

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