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Biotech / Medical : Chromatics Color Sciences International. Inc; CCSI
CCSI 29.77+3.7%Nov 5 3:59 PM EST

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To: Bill Wexler who wrote (5408)6/21/1999 11:02:00 PM
From: Bill Wexler  Read Replies (1) of 5736
 
The CCSI stock fraud and razor blades...

One of the more misleading tactics of the CCSI stock fraud is the comparison of CCSI's generic colorimeter and a disposable "lensette" to a razor and razor blade. CCSI states that it won't really make money from the machines themselves, but from sales of its disposable cover which will generate income stream like an "annuity" (as stated in the conference call). This "recalibration" cover has to be changed supposedly every time it comes into contact with a new patient's skin. CCSI stock promoters have bandied a price of $10 per lensette. Of course, during the conference call Darby McFarlane refused to give any specific details of actual pricing...calling that information "secret".

Current bilirubin blood tests are safe, effective, extremely accurate, and most importantly...very, very cheap. Even if a colorimeter is used to monitor serum bilirubin levels, blood tests will nearly always be required for jaundiced babies. Darby McFarlane attempts to obfuscate this fact by claiming that CCSI will promote changing diagnostic procedure to a completely "non-invasive" method. Darby McFarlane - con-artist and former cosmetician - is an unlikely candidate to alter well-established pediatric medicine. Even Darby's paid medical consultants have been very careful not to make such sweeping statements.

Interesting to note that the following maker of a true "disposable" related to the infant jaundice market, does not seem to agree with the potential market size touted by CCSI stock promoters. It's also clear that this manufacturer is not exactly raking in the big bucks...

ktv-i.com

bilibottoms.com
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