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Biotech / Medical : Chromatics Color Sciences International. Inc; CCSI
CCSI 29.32+4.6%Oct 31 9:30 AM EST

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To: JanyBlueEyes who wrote (194)8/15/1997 3:42:00 AM
From: ZinMaster   of 5736
 
Jane- some of the comments here may seem seem unnecessarily harsh to Dr. John.

Not just yours...this is not a flame either...but what I think I have read today sounds like quite a few people have fallen in love with this stock. Dr. John raises some very practical issues which will be a real part of the decision process hospitals and doctors go through when deciding to buy or not buy a ColorMate bilirubin detector.

It sounds like the dry facts indicate that some will choose not to buy one because they will be blood testing anyway.

I expect they will sell many units, and CCSI will become a significant and profitable company. But I have some doubts about any projections based on the number of babies born in hospitals not to mention China. As Skip has pointed out, there is the possibility that emotions will drive this stock higher. If the news (entertainment) media pick up the story and announce that this will "save millions of babies from being mercilessly jabbed with sharp needles", then may see a spike as those sympathetic 'story' investors pile on.

The stock has already appreciated nicely with FDA approval, and most of us here enjoyed the ride. But we must all make our investment decisions at the right hand edge of the chart. The short-term business plan suggests that any future growth will not be in the next week or two.

For the record, I took most of my profits at 14 1/2, and have made a few day trades since then for fractions of a point in profit. I was long at the time of the conference call, but was disappointed that there was little positive news that was not previously available...lost a buck on that one. I hope to be long if/when a partnership is announced, or specific marketing plans are revealed.

-zm
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