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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 (5346)6/14/1999 11:48:00 AM
From: Marconi  Read Replies (1) of 5736
 
Hello Janybird:
An observation I forgot. The fifth observation:
-CCSI PR they will disclose plans.
Concusion. CCSI has a poor record at planning. Disclosing plans is a far cry for CCSI from having anything of substance. I will take the 'disclosure of plans' at this point to likely be more sentimentalistic hopes and projections. I sense the Lehman money will facilitate rationalizing CCSI's business prospects in the next quarter, possibly two. And my sense is Lehman will get their money back and the items for sale will prove not to support a going concern.
Best regards,
m
I have a minor short position, just 1100 shares. And a GTC order to cover most at al little over 5. I think there are faster moving opportunities elsewhere. CCSI has too much ' hang time' with the obfuscation of their operations and prospects...long on story, short on facts and a demonstration in dollars of being a going concern.
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