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Biotech / Medical : Chromatics Color Sciences International. Inc; CCSI
CCSI 21.36-0.4%Jan 30 9:30 AM EST
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To: atkajk who wrote (43)7/7/1997 5:49:00 PM
From: Gurupup   of 5736
 
You have asked the $64,000 question.My read is the following,which is like trying to catch a falling javelin.The reviewers have been working on the application for 5 1/2 weeks,and have not come back with any further questions.How long does it take?I have no idea,but I am convinced that if there were anything of a substantive nature we would have heard something negative from the FDA by now.The company is confident,but they don't know either and jump every time the phone rings.This product and technology is so important that they will not sign off until every I is dotted and every T is crossed.You are dealing with infants at birth,and they want to be damn sure they are 100% sure of the application.Every tick of the stock has everyone asking,do you hear anything?We will all know at thwe same time.If the stock is up 1/2 or down 1/2 people think someone knows something.Until the FDA notifies the company we will know nothing.I am nervous and bored also,and I watch the tape all day waiting for the news,because I have stated many times this is going to be a very big stock when people finally understand what we own here.When approval comes,I think we will have a %20 stock this year and double that next year,and from this price them are damn good odds.This technology has many applications,and the FDA approval will give it the Good Housekeeping Seal of Approval,which in turn will lead us into the cosmetic and industrial markets,as well as the dental.
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