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BIOLASE, Inc. Message Board

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  • jdonald6 jdonald6 Aug 7, 1999 12:04 AM Flag

    BioLase Mentioned in Photonic Spectra

    could shift to an offshore manuf. facility in order to lower the production or component costs.

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    • they are able to get 100% of the LazerSmile toy
      done offshore, but the Millennium technology will
      remain in the US. BTW, what has happened today? Just
      9:39 but 23,000 shares traded, up 5/16? Anyway, I did
      not understand the short term dip to 2 1/2
      either.

      Amiga2000C

      • 1 Reply to Amiga2000C
      • The next two weeks are going to be very
        interesting for us BLTI stockholders. I am still confident in
        my End of Aug. price target. Earnings and product
        sales will drive the price to the level of which I
        projected. This information is coming over the course of the
        next two weeks. For those of you watching my every
        word, I said BLTI will hit $7 to $8 per share by the
        end of AUG. However, That does not mean it will
        maintain that price every day in a corrective market (10%
        to 35% volatility). I also see the stock reaching
        the $20 level by year end.

        I also beleive the
        market is following the same corrective phase it did
        last year in Aug. & Sept. All indications are the
        same.

        BLTI will not be affected by a corrective market for
        the remainder of Aug.(this will be due to news
        releases) However, after a sharp run up in the stock price
        by the end of Aug. A corrective market could & most
        likely will bring the price back down 10% to 35%( 3/4 to
        2 3/4) from its highs.. Buy and hold it. Use the
        dip as a buying opportunity.

 
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