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


To: TokyoMex who wrote (222)11/25/1997 12:34:00 PM
From: Karl Drobnic  Read Replies (1) | Respond to of 706
 
TMEX: But not boring for much longer. Look at the 10Q for the wake up call. In the section on "Raw materials, work-in-progress, and finished goods", there is about $500,000. It is roughly divided into 1/3 for each category. Now if it takes BLTI an average 45 days to go from raw materials to finished goods, that's $1 million of product in the pipeline for 4Q. They did $600,000 in sales for 3Q. They've got $500,000 already in the pipeline at October 1. It is looking like a slam dunk for $1 million in 4Q if BLTI has solved some of the "production inefficiencies" they allude to in the 10Q. I think they either have, or are close to it. So $1 million is a 60% increase in sales. This story is developing very rapidly now.