Biolase Technology Inc (NASDAQ:BLTI)

CAPS Rating: 1 out of 5

A medical technology company that develops, manufactures and markets lasers and related products focused on technologies for improved applications and procedures in dentistry and medicine.

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Player Avatar PaulthebigFinn (< 20) Submitted: 8/15/2011 11:53:12 AM : Underperform Start Price: $3.04 BLTI Score: +30.93

While the stock appears to have experienced tremendous revenue growth it really hasn't. 2010 was a horrid year for Biolase as Schein and Biolase were trying to disolver their partnership. Basically niether party was actively selling. True comparisions should be made against FY2009. In the second quarter Biolase had revenues of ~$14 and that was the worst second quarter since 2003.

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