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


To: vampire who wrote (5635)11/11/1999 12:48:00 PM
From: Robin  Read Replies (1) | Respond to of 5736
 
Harris,

Just meant to point out that no one really knows what it costs to manufacture the instrument and until there is a large installed base in the field, this will be what drives the profitability/losses for the company. Once the installed base is in place and in use, then the profits begin to roll in. Expect a little longer wait than this quarter for break even to occur. For me, I want SPRX to go down to the mid $7's as I want to get back in. Good luck!

Rockin' Robin



To: vampire who wrote (5635)11/11/1999 6:48:00 PM
From: BelowTheCrowd  Read Replies (2) | Respond to of 5736
 
Metsin,

True enough on the cost of the devices and the disposables. At least, the best truth we know.

What we don't know, is costs. Do they actually have any profit margin on the machines? Or do they need to sell the disposables in order to be profitable? (Gillette business model.) And what is the margin on the disposables.

Expanding the revenue base is meaningless if you lose money on every sale.

Unfortunately, CCSI has always refused to discuss manufacturing costs or projected margins. That is unusual, and is one reason I've been suspicious.

At the moment I'm neutral. Closed my last short position a couple of weeks ago, significantly lower.

mg