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Biotech / Medical : Chromatics Color Sciences International. Inc; CCSI
CCSI 25.01-16.0%Nov 6 3:59 PM EST

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To: Manfred who wrote (4059)7/11/1998 8:10:00 AM
From: Mama Bear  Read Replies (2) of 5736
 
I still make an occasional foray over to the Solv Ex thread, where I find many arrogant longs still predicting a "short squeeze". This, despite the fact that SOLVQ has been delisted, declared bankruptcy, and has had all of it's assets of any value sold off to pay it's debts. Then the fact that most of the SOLV shorts have long since covered and moved on. The Solv Ex longs also had this funny way of ignoring, then demanding "facts". I wonder if the CCSI longs will be so arrogant in a year.

A recap of what happened while I was on vacation:

Yet another week passed with no announcement of the "deal" that is supposed to have been imminent since earlier this year. Soon it will be one full year since FDA approval, for this device that supposedly has a "huge" market.

Schonberg was put on administrative leave by Dreyfus. I thought they said he didn't do anything wrong earlier this month. Perhaps their investigation uncovered something a little unsavory? Perhaps Asensio was correct in his allegations? Oh, and a shareholders suit was filed against Dreyfus. This is the first time I've been aware of a mutual fund company getting class actioned.

The negatives continue to add up, the possibility for positive developments wane with the passing of time.

You guys can continue to posture all you want. You can call anything that doesn't parrot the long fantasy story "nonsense", but the only nonsense I see on this thread is coming from the longs.

CCSI is a great short sell at these overvalued levels, IMO.

Barb
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