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Biotech / Medical : BioLase Technology, Inc. (BLTI)
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To: GemSeeker who wrote (344)4/23/1998 11:36:00 AM
From: Karl Drobnic  Read Replies (1) of 706
 
You raise excellent points. Many of us came into BLTI with the expectation that LaserBrush would pump cash into the company while we waited for Millenium. The latest I heard is that BLTI no longer plans to wait for FDA approval for LaserBrush, but to market it once the molds for the new design are ready. As for backlog, if the production capacity has been expanded, then we'd expect to see backlog work down, though what we're looking for is a jump in orders to swamp capacity. The hiring of a production expert is a big step that indicates BLTI feels it has good reason to gear up for future orders. And the production expert looks like he has enough credentials to pick his spots. He must be convinced that BLTI is on the verge of making use of his talents.
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