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Biotech / Medical : Chromatics Color Sciences International. Inc; CCSI
CCSI 29.77+3.7%3:59 PM EST

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To: Spunky Beaver who wrote (2557)6/9/1998 4:34:00 PM
From: Ron Harvey  Read Replies (2) of 5736
 
<<The only thing that will turn this stock around now that Asensio has found it is REVENUES.
Until that happens, it will continue to fluctuate wildly as it slowly trends down.>>

Nahh. If (when) the excitement of the story reasserts itself, CCSI will move north. Developmental companies like this (which, by definition, aren't going to have revenues) are basically event driven. The stock price of a company like this (and many hundreds of similar ones) is related to the glow of future prospects. When the glow is dimmed, the price droops; when the glow brightens, the price perks up. Moreover, I think the bears have pretty much used up their communication ammunition. All they can do now is reiterate what everyone already knows they've said, while a bullish case from this apparently meek company (re PR anyway) is still open to a host of positive possibilities.
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