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Biotech / Medical : Chromatics Color Sciences International. Inc; CCSI
CCSI 22.72+2.0%2:17 PM EST
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To: Jean-Philippe Chevalier who wrote (1568)3/25/1998 11:47:00 AM
From: Eric Anderson   of 5736
 
Thanks for following your duty. However, pointing to a statement that the market is X million, a figure that apparently has come from Spectrx, and that does not have any methodology accompanying is basically worthless to me except to point out that their are different opinions. BTW, I understand that one of the problems with the other technologies that have been tried prior to CCSI, is that they did not work very well on some races. I don't know whether this applies to the Spectrx technology since they have not conducted clinical trials to my knowledge.

There is an interesting article in Forbes, April 6, 1998, page 134. THe first paragraph in particular is revelant to CCSI. "Of the 300-odd public companies in the biotech bus (I know CCSI is not Biotech), 8 have meaingful earnings from selling products." One of the tricky times is when a company moves from R&D to a "real" company. Alot can go wrong, just look at OLGC ( combo of overblown expectations and poor execution during the transition.

IMO, Darby's move to surround herself with people who are experienced in these matters, is a good indication that she knows her limitations and her ego is not getting in her way.
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