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

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To: crysball who wrote (151)9/3/1997 4:44:00 PM
From: John T. Hardee   of 706
 
I saw that the last 9 minutes of trading today BLTI was hit by buyers driving the stock up. (3 13/16 X $ 4 to $4 X 4 1/16 ) Volume was 22 K in this 9 Minutes..

I think investors are getting very interested in the FDA approved Derma Laser which is a better product the the one offered by PLSIA

Cash will be comming into BLTI faster from the direct sales of Laserbrush sold on TV and other marketed products like DERMA LASER to be marketed this month..(September) .. BLTI will turn a profit faster.

Tomorrow this stock will be breaking out. Much of the money from PLSIA will go towards the purchase of BLTI..
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