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


To: Im-patient who wrote (282)2/10/1998 7:48:00 PM
From: Karl Drobnic  Read Replies (1) | Respond to of 706
 
I suspect the price is dropping because BLTI was definite about having LaserBrush out by Christmas, and missed the target badly. It doesn't create confidence to miss on a cash cow when it is really an issue of advertising. There's a great deal of cash not in BLTI's till because of waiting for FDA approval for their "kills bacteria" statement. The production of Millenium units is constrained by their manufacturing capacity. But 22 Millenium units should be enough to get the last qtr. over $1 mil. in sales.