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

To: Karl Drobnic who wrote (489)	1/26/1999 3:26:00 PM
From: Karl Drobnic	Read Replies (2) \| Respond to of 706

The distribution deal with Henry Schein is a major corporate event. When Premier announced a deal with Schein (which they did not in fact have), the stock shot up into double digits. For BLTI to get its foot in the door with a #1 distributor means the Millenium will get major exposure to dentists via professional marketing campaigns and skilled sales agents. Having the #1 product in its class coupled with a #1 sales partner is a pretty good way to kick off the production phase of the company. It looks like today's volume is some quick recognition of the potential in the distribution agreement.