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Biotech / Medical : C3 ( CTHR ) Diamond in the rough?
CTHR 0.2000.0%Jan 16 9:30 AM EST

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To: Leslie S. Feinberg who wrote (125)7/21/1998 9:07:00 AM
From: Rob LeVine  Read Replies (2) of 226
 
After reading Gigi's response I feel like the cloud on a sunny day. I asked my jeweler friend for clarification on the saturation comment. (All following sentences should be prefaced with 'He said...') The CZ reached market saturation years ago. When they first came out they were $25-$30 per stone and now they are $.50-$.75 per stone. Also, he feels that the moissenite will not be sold to any of the higher end jewelers (in fact he even drew the line below Zales). He feels that the stones will only go to places like QVC and similar entities. Not that I'd be proud of it, but if I could get something sold on QVC I'd do it.

Something I should've mentioned before was that this jeweler is a jeweler in a small affluent town. He might not realize that there are a lot of people out there who actually buy 'fine jewelery' at Sears.

- Rob
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