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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: DanZ who wrote (5512)7/29/1999 4:51:00 PM
From: Jeffrey L. Henken  Read Replies (1) of 5736
 
No deception here. I have added to my position quite substantially in the last few days. CCSI at this point in time reminds me of another stock that eventually traded as high as $50 a share before being bought out. That company was Arterial Vascular Engineering. When AVEI first got FDA approval for their stents the stock did not immediately trade to the moon. It sold off because it takes a while for any company, no matter how good their marketing partner, to ramp up sales.

Such is the case with CCSI. Here we have an FDA approved device. We also have a very good partner in Datex-Ohmeda, Inc. I'm buying here for two reasons. First I believe that the FDA approved this device because it actually works. Second I don't think they would have acquired a marketing partner at all if the devices would not sell.

I think they will sell and quite well.

This stock has been a major disappointment to many a long investor. The company is however no scam. Neither is the device they have FDA approval for, nor the partner, who is distributing that product.

Those long CCSI stockholders who have been able to withstand the pain of the last year, or more, will live on to see better days ahead. This is strictly my opinion of course but I am backing it up with my own dollars.

Regards, Jeff
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