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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: JanyBlueEyes who wrote (5076)5/24/1999 12:13:00 AM
From: Mad2   of 5736
 
Janybird......
Your correct in that I follow Mr. P$nks thread. Personally I have found that Mr. P$nk is excellent at what he does and that is pick stocks (long and short). I understand he doesn't have a position in CCSI at this time.
None the less a poster by the handle of vampire piqued my interest here and if you or anyone else over here has a case for CCSI sucessfully marketing BiliTest to health care providers I'm interested in hearing it.
From what I can tell BiliTest is CCSI's best shot at survival and their recent runup seems to have been based upon expectations of progress into this market. Certianly they are staffing for it, have spend over 1 million on machines in the past 3 months and have (according to the companies information) overcome the last hurdle towards marketing this device.
I'm trying to decide if they have the wherewithall to actually have a chance at suceeding.
The question in my mind (from my last post) is how are (or if) they going to get this device placed in a large number of facilities in a reasonable period of time? One answer is that a market doesn't exist for BiliTest and CCSI can't get more influencial distributers/health care marketers interested for that reason.
Anyway it comes down dollars and cents. CCSI's filing's are not very helpful in that regard. They cite efforts with certian hospitals and their own personal additions however I can't see how those efforts are going to produce anything significant in the revenue area.
I'm not trying to claim this view is correct (as I'm new to CCSI), rather I'm trying to findout what I'm missing as CCSI's valuation implies sucess in this area, yet they don't seem to have the marketing/sales infrastructure to acheive it.
Mad2
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