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


To: Labrador who wrote (226)11/29/1997 1:49:00 PM
From: Karl Drobnic  Read Replies (1) | Respond to of 706
 
Getting sales of $1.5 mil. in 4Q may be asking too much. I don't think BLTI has production capability to do it yet. But I'd be glad to be wrong. However, we could see a nice ramp up in backlog in 4Q that would give us a very big 1Q. If production capacity is improved in 4Q, and the NY dental show books some good orders, we could see a 100% rise in 1Q sales compared to 4Q. And if we can close above $4.50 on solid volume Monday or Tuesday, we'll be in very good shape to meet T-Mex's target of $6. There has been very solid buying going on for several weeks, and I think we've got a whole new group of investors in the shares who will be willing to wait for LaserBrush to get to market, and Millenium to get FDA approval.