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Biotech / Medical : Chromatics Color Sciences International. Inc; CCSI
CCSI 22.02-1.2%Feb 3 3:59 PM EST

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To: JanyBlueEyes who wrote (23)5/23/1997 8:14:00 PM
From: bob mackey   of 5736
 
Rumors are starting to make the rounds...price rises to $8...

At least one broker is starting to push this stock. I've been told that institutional holders are sitting tight, a block order for 100,000 shares yesterday could not be filled.

Other rumors indicate that the response to the FDA will be submitted next week, and that quick turn-around from the FDA is expected. I don't know how fast, but I've been long for a couple of days with no complaints. News of the submission to the FDA should bump us up a few bucks. Then I'm guessing it will slip some as we wait for the FDA.

Any other interpretations?

-bob
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