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Biotech / Medical : Chromatics Color Sciences International. Inc; CCSI
CCSI 29.32+4.6%Oct 31 9:30 AM EDT
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To: Bill Wexler who wrote (5224)6/8/1999 2:14:00 AM
From: Robin  Read Replies (1) of 5736
 
Bill,

There not quite yet going to run out of money. The bond offering occurred after the end of the quarter and got them a few mil more in the bank which should stretch them out until the end of the year. Not quite certain about the exact numbers.

Of course, if this baby stays it's course and they continue to hold out for a better deal, we should see another bond offering or stock dilution again. Remember, they have another 34 million common shares or so they can still issue, and that's not counting the preferred shares yet to be dealt.

Rockin' Robin
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