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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: musicman who wrote (5533)8/3/1999 11:07:00 AM
From: Robin   of 5736
 
Musicman,

It got this low again because your CEO gave guidance that the revenues will not be up to full speed for the next several quarters (read Jany's transcript of the conference call). This should be expected on this type of product (when majority of cash flow is in the sale of disposables, profitability will not occur until a majority of instruments are placed in the field and in use). Therefore, in the short term, in order for CCSI to be profitable, it all hinges in the data behind those asterisks which have not yet been publicized. Uncertainty is now dragging the price down.
Surprised at the stock price going down? No!
Surprised at the longs who can't understand why it is going down? No!
The price will likely remain lower until either the data behind the asterisks is revealed or several quarters pass which will give an indication as to whether the data behind those asterisks is good or not and whether the product has been accepted favorably by the medical community.
You say you see substantial good news? Where? I see no news, good or bad! Only innuendo here from rabid longs and shorts. No press releases or market reports that I see.

Rockin' Robin!
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