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Biotech / Medical : Chromatics Color Sciences International. Inc; CCSI
CCSI 24.69+0.7%1:08 PM EST
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To: Manfred who wrote (287)9/14/1997 3:25:00 PM
From: Gurupup   of 5736
 
I believe we will see a press release from CCSI early in the week,and then hopefully it will be followed up by a conference call later in the week.

Over the last 2 weeks I have recieved numerous calls from people that have started their due dilligence on CCSI.In one case,a group of 5 doctors in the Northeast reported independtly on their opinion of CCSI's device.The net result is that in their opinion this product will be used extensively,by hospitals,peditricians,and if released to the home market,it will be an enormous product.They reported that there are 10's of millions bilirubin tests done in the US each year,and they see no reason why CCSI can't capture a lions share of that market.

Another peditrician said that if this device is as accurate as it is stated to be,it will become a mainstay in the peditricians office,and it is not like a new drug,where the doctors have to be convinced it is appropiate for their patiens.The non-invasive nature of the product is its most attractive feature. Particulary if the price is well below a standard blood test this will result in more tests being done.

It is a reassuring feeling when the potential users of a new product tell you that you have a winner.

I am looking forward to hearing from Darby this week with market potentials,because then maybe the guesswork will go out of a lot of our analysis.With negotiaitons going on with industry leaders for distribution,we are on the threshold of what we all have been waiting for oh so long,but we will be well rewarded for our patience and perserverance
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