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Biotech / Medical : Chromatics Color Sciences International. Inc; CCSI
CCSI 29.32+4.6%Oct 31 9:30 AM EDT

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To: Gurupup who wrote (2478)6/8/1998 6:15:00 PM
From: Karl Drobnic  Read Replies (1) of 5736
 
Skipard: I was long a stock that was shorted by the two MMs you mentioned. This was several years ago. They wrapped it in a trading band between $5 and $8. A friend of mine accumulated size everytime it got down to $5.25. Eventually the shorts went away. A couple weeks ago the shares were trading at $17 as management kept plugging away and made their story happen. My friend is a very happy camper, but when those two MMs were shorting, it took a lot of guts to step up and buy. They are professionals, and not to be taken lightly.
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