Chromatics Color Sciences International. Inc; CCSI Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Biotech / Medical : Chromatics Color Sciences International. Inc; CCSI

CCSI 29.32

+4.6%

Oct 31 9:30 AM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: JanyBlueEyes who wrote (4970)	3/22/1999 1:47:00 AM
From: Marconi	Read Replies (2) of 5736

Hello Janybird: From the 3.9 million babies born in recent statistics for the USA (see page 2 of the following URL) cdc.gov and the AP article by Galewitz has CCSI estimating ...company estimates about $330 million is spent annually in the United States on blood tests for jaundice. implies $67 is spent on every baby born in the USA for jaundice testing. With a test cost of $10 that implies every baby gets about 7 sticks. My personal experiences were one stick a day. That would imply 7 day stays on average. In my estimation, CCSI is probably 'estimating' the potential market about 10 larger than practical. With $5M in expenses without an operating business, and possibly a $30M market, I don't see much likelihood for CCSI to make a profit. I took a minor short position Friday 3-19 approaching 8. I don't believe CCSI is going to become a going concern with Colormate. Time will tell.... Best regards, m

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next