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Biotech / Medical : Chromatics Color Sciences International. Inc; CCSI
CCSI 28.71-2.4%3:59 PM EST

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To: Spunky Beaver who wrote (2225)5/22/1998 4:03:00 AM
From: Manfred  Read Replies (1) of 5736
 
"As a matter of fact I think that his conservative valuation of the Colormate device alone at $15 makes a good case for $15 being below the minimum value of the stock."

LOL, his model is a joke (whatever his intentions may be. I would't use your argument because he calculated his "model" on the assumption (he didn't even research it) that there are 4 million shares outstanding ! That would give a share price of 5, not 15.

I repeat one more time: this model is a complete joke and should not be taken seriously.

Manfred
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