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Biotech / Medical : Chromatics Color Sciences International. Inc; CCSI
CCSI 29.77+3.7%3:59 PM EST
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To: JanyBlueEyes who wrote (5413)6/22/1999 12:34:00 PM
From: BelowTheCrowd  Read Replies (2) of 5736
 
JB,

I find it interesting.

In reading the 8K, I found nothing to suggest what the actual financial impact would be.

You responded by pointing me to a site that teaches people the basics of financial statements.

Now Wexler makes the same point: That neither the 8K nor the conference call revealed a single thing about:

* How many do they REALLY expect to sell?
* What the real selling price will be?
* What the margins will be after the distributor's cut and manufacturing costs?

That they have not adressed any of those items is FACT. Hard and cold.

That most reputable companies DO address such items is also fact.

The fact that you and others on this thread have constructed your own "models" for how much money they might make under certain circumstances doesn't change those facts for me. And it obviously leads to a myriad of questions:

Why won't CCSI discuss those items? Why have they made "secret", key data about the health of their business? Why can businesses in truly competitive high-tech businesses discuss their projections with no fear that it will harm them, but CCSI can't?

Unfortunately, I can't come up with an answer which does not lead me to the conclusion that this company has got something to hide. In my experience, that kind of evasiveness never leads to a good outcome for the company.

mg
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