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Biotech / Medical : BioLase Technology, Inc. (BLTI)
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To: Labrador who wrote (284)2/10/1998 11:19:00 PM
From: Karl Drobnic  Read Replies (2) of 706
 
Bob: You're right. They didn't ship 22 orders. They received 22 orders. They already had other orders. The big thing in the release is that these are domestic orders, as you point out. This is without having FDA approval for hard tissue. I hear that they are constrained by manufacturing capacity. My point was that 22 domestic orders indicates that they probably made at least $1 mil. in sales last qtr., and have orders on backlog to start this qtr. Hopefully, they have used the credit facility to increase capacity and are getting the orders out the door faster. Germany should be good for more units when they present there later this month.
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