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Biotech / Medical : PLSIA (Premier Laser Systems)

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To: kvogel who wrote (1057)8/13/1997 12:11:00 PM
From: Pluvia   of 1773
 
H Y P E

<snip> IRVINE, Calif.--(BUSINESS WIRE)--May 20, 1997--Premier Laser Systems Inc. (NASDAQ NM:PLSIA.O) <snip> Cozean commented: "We originally estimated that of the 120,000 dentists currently in practice in the United States, we would hear from one to two percent as 'early adopters' in the first 12 to 18 months. It is now apparent that the level of enthusiasm among
dentists and patients may be much higher than that. As of last week, we had logged more than 1,200 expressions of interest. "On average, about 10 percent of calls have ordered a Centauri by phone; about 20 percent have signed up for training courses" <snip>

Hmmm 10% of 1200 calls ordering by phone,,, right? So the backlog of orders should have been <120 X $40k> $4.8 million -- clear back in May?

R E A L I T Y

<snip> IRVINE, Calif.--(BW HealthWire)--Aug. 13, 1997--Premier Laser Systems Inc. (NASDAQ NM:PLSIA) <snip> "She said the company's backlog of orders at June 30 stood at approximately $3.4 million, of which $2.6 million was for Centauri hard-tissue dental laser systems." <snip>

WHAT HAPPENED? Looks like Collette's HYPE is getting her in hot water,,,

Cheers Steve

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