Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Biotech / Medical : BioLase Technology, Inc. (BLTI) -- Ignore unavailable to you. Want to Upgrade?

To: J Stone who wrote (539)	7/15/1999 1:31:00 PM
From: Karl Drobnic	Read Replies (1) \| Respond to of 706

Most likely, the stock that was registered in the last filing with the SEC is now out in the market (i.e., no longer overhanging the price). So BLTI has drifted back up to the $3-4 area where profit taking can commence. This is a familiar, long term cycle. Buy BLTI when a registration sinks the price to the $2 level, then take a nice profit when it gets over $3. We'll need some good volume at $4 and higher to break us out of this cycle (also, no more new shares coming out of hiding). The sales figures might justify a higher price if they show Millenium sales taking off, and LazerSmile in the stores for the Xmas retail season.