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Biotech / Medical : BioLase Technology, Inc. (BLTI)
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To: twentyfirstcenturyfox who wrote (700)5/20/2004 11:04:35 AM
From: semi_infinite   Read Replies (1) of 706
 
When I first looked at the stock a few years ago, it had less than 10 cents in cash per share. That's limiting for a company that is trying to persuade skeptical dentists that are comfortable with existing equipment. With the cash, they can afford to grow more aggressively. You could be right that there may be more consolidation in the dental laser market but I think it is wiser to keep the cash.
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