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Biotech / Medical : Chromatics Color Sciences International. Inc; CCSI
CCSI 28.05+5.2%3:59 PM EDT

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To: Bob Trocchi who wrote (5643)11/16/1999 5:43:00 PM
From: vampire   of 5736
 
Bob,

I certainly agree with you that we need at least another quarter to better assess the run rate. This report is meaningless other than the fact that it shows CCSI has put out their shingle and is open for business. They are no longer a developement-stage company.

Inventory was certainly up due to the production of machines (and lensettes) that were not shipped until the fourth quarter (see press release from a week ago) - this pr announcement will also show you that units are not only being placed but in fact are REPLACING the heel stick as the method of detection and monitorization of jaundice in infants at some the hospitals that were doing parallel testing.

Harris
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