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Biotech / Medical : Chromatics Color Sciences International. Inc; CCSI
CCSI 24.53-1.8%Nov 7 9:30 AM EST

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To: Eric Anderson who wrote (2877)6/11/1998 2:37:00 PM
From: Ron Harvey  Read Replies (2) of 5736
 
Several murky messages from my crystal ball:
1. A number of fearful longs will sell into the announcement just to get their money back, so shorts who want out will likely be able to do so in an orderly manner, including Asensio, who, I'd venture, doesn't believe Asensio.
2. The announcement is so impressive that, as it makes its way today and tomorrow (PRNewswire isn't DJ or Reuters, after all) to new potential buyers, there's a shot at a very nice updraft.
3. Looks like a nice chance between now and a week from Friday at closing the gap (between 10 and 10 3/4) made on Monday.

The report is excellent. It did some first-rate horn tooting and should be a real confidence-builder for longs.
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