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Biotech / Medical : BioLase Technology, Inc. (BLTI)
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To: Im-patient who wrote (457)10/21/1998 8:49:00 PM
From: Karl Drobnic  Read Replies (1) of 706
 
The intent is to fund the company out of sales. There is supposed to a million dollars of inventory on hand. So if the profit margins on that million are decent, we could get by without another capital raise. Unfortunately, BLTI didn't emphasize this on the conference call. On the plus side, this weekend kicks off a huge national dental conference/exhibition in San Francisco, and BLTI has the leading edge technology to display there. Let's hope they take lots of order books to the exhibit floor with them.
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