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Biotech / Medical : Chromatics Color Sciences International. Inc; CCSI -- Ignore unavailable to you. Want to Upgrade?


To: musicman who wrote (5537)8/4/1999 10:41:00 PM
From: Jeffrey L. Henken  Respond to of 5736
 
Margin calls.

The margin rules changed at a certain clearing house that put longs money at in a position where they had to cover those calls. This sell off should be over shortly and may offer the last great buying opportunity in CCSI in my opinion.

Remember the market is ruled by two great factors.

Fear and greed. When fear is rampant then you should be buying. Conversely when euphoria hits again... it might just be time to take some off the table.

Thanks, Jeff



To: musicman who wrote (5537)8/5/1999 1:56:00 AM
From: Robin  Read Replies (1) | Respond to of 5736
 
Music man,

Still stand by my prediction in post 5532. The price should continue its decline to about the low $5's or high $4 range, then some support until the quarterly report is released. After that, depends on the content of the report and the conference call. Look at post 5534 for a little more elaboration.

Short term, if you want the price to rise (and I believe Ordermore would agree with me on this), you will need an announcement that a new management team, one with a proven track record, is being put into place; otherwise, you will have to wait until a number of financial reports prove this company is viable, the 'story' alone won't do it anymore.

Robin Rocks Your World!



To: musicman who wrote (5537)8/6/1999 1:15:00 AM
From: Ron Harvey  Respond to of 5736
 
<< It just doesn't make sense.>>

It's a speculative stock. What doesn't make sense is to try to make sense out of short-term, auction market movement. A lot of stocks have risen considerably without that making sense, either. Anyway, Robin may well have valid fundamental points to make. Personally, I'm in this stock as a trader, which means I liked the action and its context, but the market turned pretty ugly and discouraged other traders from jumping in. Ergo, the stock, lacking buyers and disappointing folks who were looking for the 7's, went south. This has always been a volatile stock, though, so who knows what next week will bring.