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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: Marconi who wrote (5524)7/30/1999 10:53:00 PM
From: Jeffrey L. Henken  Read Replies (1) of 5736
 
My own expectations are for a reasonable recovery to a price somewhere above $8 a share. It might be best to close out your short position on Monday before you find out what I already know:

First the FDA does not give approval to devices that have no basis for performing the task for which they were approved.

Second Datex-Ohmeda, Inc. is actively engaged in the sales, marketing and distribution of CCSI's Colormate® TLc-BiliTest(TM) System for monitoring of newborn bilirubinemia (infant jaundice).


Your expectations aside....

They are as meaningless as my own.

The market will decide where this stock will trade. Armed with a decent understanding of technical analysis I'm willing to bet we see 8 before we ever see 5.

I think you agree or you wouldn't waste so much time trying to scare off long investors.

Regards, Jeff
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