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

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To: Done, gone. who wrote (140)8/24/1997 6:39:00 PM
From: crysball   of 706
 
WHERE/WHEN can we obtain some factual data on unit orders/sales. by product type.

One of the the big (and valid) criticisms of PLSIA was there manipilation of information.....like how many had signed up for the training course on laser drills (but omitting to tell anyone how few orders they really had].

Hope BLTI won't fall victim to this . They can learn much from the mistakes PLSIA has made.

Much of the focus on BLTI seems on product release announcements, rather than results. of products which are now approved.

Look at the cash burn rate of BLTI, and then if they have to 'SPOOL UP' to meet the demand they allude to they are going to have to make a secondary offering to finance the inventory and A/R..................that means dlution..........and tumbling stock prices..
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