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

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To: mike linnihan who wrote ()3/11/1999 9:00:00 PM
From: Bob Davis   of 706
 
Since Biolase Technology (NASDAQ:BLTI) now offers a line of dermatological laser products, it has been included in a recent study of this industry published in The Napeague Letter. However, BLTI is only a minor factor in this industry, and really should be evaluated on the basis of the success of its new dental laser products.

The valuation tools used by The Napeague Letter indicate that the market currently correctly values BLTI, assuming that analyst revenue and earnings projections are met.

Additional information about BLTI, which includes graphics and charts, can be found at napeague.com The Napeague Letter plans to continue to track BLTI to watch for signs that a true turnaround is taking place.

Bob Davis
The Napeague Letter
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