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BIOLASE, Inc. Message Board

  • javajoe220 javajoe220 May 21, 2003 7:03 PM Flag

    P/E & PEG

    Their P/E ratio is 85.79 yet the PEG is .59 -- Do they realistically have the growth to support these numbers?

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    • PE is more like 100 trailing, but forward one year to est is only 26, and they will BLOW AWAY those forecasts. Dentists have the money to buy these lasers, I'm sure the drills they have are at least 10 grand, probably more, and most have 2 or three drills.
      I predict from my conversations with the dental world that each office will have one, and most will have more than one. This will be one of those stories like buying microsoft at the IPO. maybe even better, BC there are only 20 Million shares outstanding. I heard that institutional ownership is 19.9%. There is a short interest of 3.2 million shares. That means that there are only 13 million shares that are traded daily. I suspect that many more are buy and hold like me with my 2000 shares at 11.43. All we need to do is to sit tight and watch the price rise!
      Talk about a shrot squeeze.

      Your friends will say "you bought below 50? Holy crap that's where the beach house came from!"

    • could have a peg of 1. by the end of the year, assuming the general market is decent and of course the company is performing like a tank, with a backlog of orders, and even higher growth projection, a waterlase in every dental college. My question is not if but when it will happen. Remember two things: If you were a dentist would you buy one? Painless dentistry and Painless investing all in one.

    • I think so. That could explain the quick runnup in the stock with very little pullback.

    • roglmao


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