Chromatics Color Sciences International. Inc; CCSI Message Board

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Biotech / Medical : Chromatics Color Sciences International. Inc; CCSI

CCSI 24.69

+0.7%

1:08 PM EST

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To: spunky71 who wrote (5025)	5/9/1999 9:38:00 PM
From: Peter Goss	of 5736

spunk - thanks for your view of the situation. There seem to be a lot of the factors you mention on CCSI's side, and you are an investor, given your assessment and patience. It may be a good device, but the management team seems so inept that I cannot believe that when it is time to do anything significant that they will pull it off. Financially, the company is a basket case. They are only a "going concern" because their auditors are wimps. Unless they get some major help (not the toxic sort of convertible debt they just floated)it won't matter what the product does. So the rollout better be sooner than later and it better be huge. To my mind that is not a money bet, and not worth a $200 million market cap. As I said in my earlier post this is one with all the possible good news priced in. If they announce something firm, the stock will spike and then get crushed because the reality can be measured. Perhaps we will both be sellers on that spike. good luck and thanks for your opinions, Peter

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