The system is called "Colormate II" which is an instrument to be held against the skin. It performs a scientific measurement of skin colorations and luminosity. The computer analyzes the color measurements and assigns the readings one of approximately 200 scientific skin color categories. In addition to bilirubin, there is also potential for it to be used for other health care issues relating to disorders in which skin coloration is indicative of underlying health problems, such as tuberculosis. Another "beauty" of this instrument is that it can be used on all skin types.
Here is the phone number for the company. Please do yourself a favor and call for an investor packet. It is informative and will help you attaining information you may be looking for: (212) 717-6544.
From Skipard on AOL 12/96........."a medical analyst in Wall Street told me today that he has being doing his due dilligence on the stock,and threw these numbers at me.The test for Bilirubin now costs the hospital about $7-8 to perform the test,and bill the patient $33-$40.CCSI could price the test @$4 and the hospital could realize an even bigger gain,which will not be lost on the hospitals.The pediatrician market is about 50,000 in size,and the cost to them could be even higher and leave them a lot of room,that is if doctors are looking for another way to make money.CCSI has about 2000 machines in inventory,so the rollout could be quite a bit quicker than some people are thinking.is a big what IF,and I assure you that these are MY numbers,and should be taken with a large grain of salt,but after all the expectation is always greater than the realization,and you are paid for being right on your expectations,and God forbid the realization is even better.So here goes.1 year out CCSI puts 2 machines into 1000 hospitals,25 tests per day @ $4 per test== 2x1000x25testsx$4per test=$200,000 per day.Babies don't take holidays so you could have a potential market of $73,000,000 gross.Figure your own profit margins,and you have not considered what the commercial side can be,pediatrician market,industrial market,etc....."
Jane |
