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Biotech / Medical : BriteSmile Inc. (BWT), formerly ILT
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To: Pluvia who wrote (57)5/16/1999 10:58:00 AM
From: vincent reis  Read Replies (1) of 182
 
Go ahead and short it now. Your short coverings will help drive the price up for the rest of us. The stock is definitely overpriced at the current valuation, but during the phase of openings and revenue growth from actually having stores open, this stock is definitely going to go higher in the future. I can't say for sure how I feel about whether or not they are charging enough to cover costs, but I think it would take an awfully foolish company to not charge enough to cover there costs.
As long as people can speculate this company could have tremendous earnings and revenue growth, the stock will continue to climb to idiotic levels. Once the actual revenue streams and profit margins are determined to some extent, then the stock could be ripe for shorting.
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