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Biotech / Medical : WAND (Milestone Scientific)
MS 159.46-2.7%Nov 17 3:59 PM EST

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To: JCG who wrote (345)4/1/1998 2:09:00 PM
From: patlew  Read Replies (1) of 717
 
Dr JCG,

I have been trying to get an idea about Milestone's revenues coming up. My question to you, if you do not mind, is when are the Wand units paid for by the dentists?

If the Wand is delivered but returned by the dentist, as in your case, would it be paid for and then a refund issued or would you simply get a credit on your next statement? I think you can see how this might affect the current quarter revenues.

Also did you have any problem getting authorization from Milestone to return the Wand? During the conference call they said returns had to be approved.

Thanks in advance
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