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Biotech / Medical : BioLase Technology, Inc. (BLTI)
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To: Labrador who wrote (251)12/22/1997 4:52:00 PM
From: Karl Drobnic  Read Replies (1) of 706
 
Lots of small stocks are getting hit with year-end selling. The first hour this morning was very heavy with it. I suspect that the combination of money managers waiting for Jan. to come back into market plus sell orders is letting market makers drop prices of thinly traded issues at will. BLTI's CEO has been negotiating a distribution agreement in Asia for the past year. That should be some good news to start 1998 with, and add to the story. You're right, the story is as good as ever, and it is about to get better. We're going through the same agony of validation that we were just put through over on the TPRO thread.
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