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Biotech / Medical : BriteSmile Inc. (BWT), formerly ILT -- Ignore unavailable to you. Want to Upgrade?


To: pezz who wrote (61)5/16/1999 11:28:00 PM
From: vincent reis  Read Replies (1) | Respond to of 182
 
Taking a significant profit can never really be considered a mistake I guess. I used to jump on a good profit and walk away quickly, but over the years I have seen some companies make superb runs well after I sold them while the stock I replaced them with did very little. The shares I have of BWT I purchased below 2, and for now I am going to wait and see what the prospects for them are. Once I get a feel for the earnings and revenue growth and how the general market responds, I will determine my exit point. As expensive as this stock would be to buy right now, we haven't even seen any revenue or profits to determine any valuation. And since they haven't had any real revenues over the past year, any revenues will appear explosive and could drive the stock much higher than it is now.