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Biotech / Medical : BriteSmile Inc. (BWT), formerly ILT
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To: Pluvia who wrote (57)5/16/1999 12:25:00 AM
From: Eric Fader   of 182
 
Ahhh, Steve... maybe the one person best qualified to explain what the hell BWT is doing up at these levels. Is it all retail investors buying, or is something else going on, do you think?

For those who don't know, in addition to being an investor who favors the short side, Steve owned several of the first ILT tooth whitening centers in those heady days of 1996 when many of us rode the stock from under $1 to over 30. I sold pieces all along as it dropped and was completely out by 10. I once thought that ILT would be one of the stocks of the decade, and a household name, but what a mistake that turned out to be. Sure wish I'd bought back at 1 or so, but with 4 times as many shares as it had when I owned it, how can anyone possibly justify this market cap?!
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