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Biotech / Medical : BioLase Technology, Inc. (BLTI)
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To: Michael Young who wrote (685)12/29/2003 10:00:48 AM
From: semi_infinite   Read Replies (1) of 706
 
I believe the shorts' thesis is that BLTI will pull another Premier Laser. If you are not familiar with the Premier story, you should Google it. BLTI is way beyond what Premier (they sold something like 60 lasers before going bankrupt) achieved. BLTI achieved profitable sales for nearly 2 years now. The other thesis is that only techy types will adopt dental lasers because of the expense. That thesis is not working either as a big majority of the laser dentists are generating additional revenues way beyond the lease cost of $1000/month.
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