I serously doubt it too - 200 mW seems to be very difficult to reach from 2 AAA's, and even the pointers that do can't keep that output up for long.
Also, i seriously doubt they have any idea what they are doing... from the description of a RED pointer:
Specification:
Range: 25 miles
Continuous output power: 300mW class 3B
Laser diode: 1 watt
Power: 1 X Lithium rechargeable battery and charger (included)
Dimensions: 23 X 130mm
Duty cycle: 80 seconds on 10 seconds off
Battery duration: 2.5 hours
Laser life: Over 50,000 hours
Wave length: 660nm
Weight: 90gm
Since there is no 660 nm DPSS technology, its clearly just a dvd-writer diode, not something with a 1 watt pump (which could result in 671 nm)
Below it they list a 300 mW 808 nm with a 1.5 watt diode in it, very similar mistake if you ask me.