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Biolase Technology, Inc. (BIOL) [hlAlert]

down 47.85 %

Biolase Technology, Inc. (BLTI) rated Buy with price target $4 by Needham

Posted on: Wednesday,  Dec 17, 2008  9:25 AM ET by Needham

Needham rated Buy Biolase Technology, Inc. (NASDAQ: BIOL) on 12/17/2008. Previously Needham rated Buy Biolase Technology, Inc. (NASDAQ: BIOL) on 01/08/2008.,
when the stock price was $2.80. Since then, Biolase Technology, Inc. has lost 47.86% as of 10/06/2015's recent price of $1.46.
If you would have followed the previous Needham's recommendation on BIOL, you would have lost 47.85% of your investment in 2828 days.

Biolase Technology, Inc. is a medical technology company that develops, manufactures and markets lasers, related products and services focused on technologies for applications and procedures in dentistry and medicine. The Company?s Waterlase Dentistry solution is a group of products, including dental laser systems that allow dentists, periodontists, endodontists, oral surgeons and other specialists to perform a range of dental procedures, including cosmetic and complex surgical applications. Its systems are designed to provide many types of dental procedures. The Waterlase Dentistry solution offers two categories of laser system products: its Waterlase family of products and its Diode family of products, which includes the Company?s ezlase system, as well as related consumables, training and services.

Needham & Company, LLC focuses on emerging growth companies in technology, biotechnology and life sciences. The firm's research goal is to service the needs of growth-oriented institutional clients. Needham & Company has established itself as a premier specialty investment bank providing timely and valuable analysis on companies that are under-covered by the majority of Wall Street firms.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
12/17/2008 9:25 AM Buy
0.97 4.00
as of 1/1/0001
1 Week   
1 Month   
3 Months   
1 YTD   
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
1/8/2008 8:25 AM Buy
2.80 7.00

(*) Stock Price at the time of the recommendation.
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