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 : WAND (Milestone Scientific) -- Ignore unavailable to you. Want to Upgrade?

To: Robert Gintel who wrote (427)	4/18/1998 6:02:00 PM
From: Jeff Tribble	Read Replies (4) \| Respond to of 717

I find it interesting the only parties informing us that the product works and that dentist's will buy and use it are the company and individuals with a financial stake in the company. All of my due diligence suggests otherwise. I have yet to speak with a single dentist who is impressed with the product and plans on using it. I have yet to see a single independent piece of journalism endorsing the Wand and proclaiming it more effective than the traditional methods used in the dental industry. It certainly seems odd to me that there have been no replies from verifiable dentists on this investment board certifying the claims made by company officials and individuals with a financial interest pertaining to the long-term viability of the Wand. Having examined the item myself (granted I'm not a mechanical engineer) I find it very doubtful there was significant research and development expended on the design of this product. We shall see how many units are sold in the June quarter. I do find it interesting that the company and it's investors are already discussing other potential markets for the Wand only a couple of months after it's launch in the dental industry. Could it be because sales to dentists are already petering out? Only time will tell. Good Luck

To: Robert Gintel who wrote (427)	4/18/1998 6:12:00 PM
From: Richard Singer	Respond to of 717

Robert- Thanks for your comments. You wrote: <If you are looking for sales and earnings estimates, I direct you to the Montgomery Securities report, which estimates earnings in excess of $1.00 per share next year.> The Montgomery report is the main reason I bought the stock. I will assume from your reference to it that you are in agreement with their numbers. Many strong opinions of this product,both ways, have been expressed on the threads that I have read....this and AOL. Many,of course, are self-serving; others may be honest evaluations. I have relied only upon the first-hand report of one dentist friend, who I know well,and who's opinion I value, and who only recently purchased the WAND at the Chicago show. So I don't know a great deal, but I like my chances at this price if the numbers come close. Richard