SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Biotech / Medical : Chromatics Color Sciences International. Inc; CCSI
CCSI 23.47-4.6%Nov 13 3:59 PM EST
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Gurupup who wrote (1153)2/28/1998 7:27:00 PM
From: Quad Sevens  Read Replies (3) of 5736
 
I've been watching this situation for a while. I have respect for some of the longs in CCSI, bought some shares at 10, sold them at 15 1/2 (split adjusted). I sold because I had a nice gain, because I don't understand this situation as well as I should, and also because I don't feel the longs have addressed a nagging question raised by David S. and poodle: What is the real market for CCSI's bilirubin monitoring device? Simply quoting (estimates of) total amounts spent on current bilirubin testing seems misleading, as that is a "retail" number, whereas surely CCSI's slice of the bilirubin-test pie is a "wholesale" figure. CCSI will not participate in wild markups by hospital billers to patients and insurers.

If the total US market for bili-testing is X, what % of X is CCSI's actual market? Where/when have the longs dealt with this issue? (And Skip, with all due respect, saying the worldwide market is 10 times X is unrealistic, as "the world", especially those parts of the world where most babies are born, does not spend the same kind of $ on high-tech medical care as we do.)

Wade

PS: Also not redounding to the credibility of the longs: Insinuations such as "Mr. Pink is David S." or "David S. is connected somehow with Avalon", etc. Give it up unless you can prove it.

PS 2: At least give David S. some credit for humor.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News