BioLase Technology, Inc. (BLTI) Message Board

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Biotech / Medical : BioLase Technology, Inc. (BLTI)

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To: Karl Drobnic who wrote (497)	1/28/1999 3:30:00 PM
From: Karl Drobnic	Read Replies (1) of 706

I was late to the conference call due to having the wrong number. I didn't hear much new information, but liked the new CEO's "I'm in charge" manner. He stated several different times that BLTI is going to grow through selling product rather than going to the financing markets. Capacity for producing Millenium is 40-50 units/month currently, and that can be expanded. He indicated that the market potential is 140,000 dentists. BLTI intends to pursue sales via its internal sales staff as well as distribution agreements. The CEO is comfortable with the Bluestone estimate of $13 million sales for 1999, and it wouldn't take a whole lot to beat that estimate. He expects BLTI to be profitable by Q4.

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