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Biotech / Medical : Chromatics Color Sciences International. Inc; CCSI
CCSI 29.30+2.1%3:49 PM EST
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To: Cacaito who wrote (2221)5/21/1998 4:21:00 PM
From: Clayleas  Read Replies (1) of 5736
 
Cacaito,
To start with, where have you taken into account the disposables that will be used with each test? Also, why do you assume that the only places that will purchase the TLC Bilitest are the neonatal units. How about pediatricians, emergency rooms, home health care? How about other areas where this equipment can be used such as dentistry, cosmetics, fashion, industrial?

So SPRX is expecting FDA approval in the next few months. Did you happen to ask them when they expect to complete their clinical trials which are necessary for them to even submit to the FDA? I think they are very liberal with their definition of a "few months." Go talk to Tabadoa on the Yahoo thread about SPRX.

I think you need to do a lot more DD before you build an earnings model. Start with Janybird's reference posts on this thread.
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