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Biotech / Medical : Chromatics Color Sciences International. Inc; CCSI
CCSI 24.61+2.0%Nov 12 3:59 PM EST

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To: Shammymoo who wrote (1559)3/23/1998 2:54:00 PM
From: Eric Anderson  Read Replies (1) of 5736
 
It would be nice to get this board back to the subject of CCSI. I've been long on CCSI for the past two years and have followed the progress of this company closely.

There may be very good reasons to short this stock, but the "shorts" provide no facts or theories - but usually only engage in personal attacks on other posters or on Darby et al at CCSI. CCSI is an R&D company that is moving to a full fledged company with REAL revenues. Basing an investment decision, whether its as a short or a long) should not be based on the present P&L but on the projected results on the marketing of the product. This is always a riskier proposition that investing in a company that has a clear track record. The shorts apparently doubt that the CCSI system is viable even to the extent of ignoring or questioning FDA approval. Its clear that without a solid premise for the short positions, they have to resort to personal attacks. FWIW, attacking the shorts with similar personal attacks simply lowers yourself to their level.

I think a distribution agreement is close. The annoucement of the show May 1 to 5 and that CCSI will be presenting, will be the first big public showing of the Colormate hand held model. Obviously, having the "big name" partner in place before the show on May would maximize the marketing benefit. Timing seems about right.
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