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


To: David S. who wrote (481)11/21/1997 12:05:00 PM
From: wlheatmoon  Respond to of 5736
 
They're all M.Butterfly?

MChen



To: David S. who wrote (481)11/21/1997 3:24:00 PM
From: JanyBlueEyes  Read Replies (2) | Respond to of 5736
 
EMPLOYMENT HISTORY & INSIDER TRANSACTIONS

Darby Simpson Macfarlane co-founded the Company in March 1984. She has been Chairperson of the Board, Chief Executive Officer, Assistant Treasurer and a director of the Company since formation and also served in the capacity of President until April 9, 1995.

Prior to such time, Mrs. Macfarlane was the co-founder in 1974 of Personalized Colors, Inc. Commencing in 1978, Mrs. Macfarlane and her husband led and directed the Company's research and development and mass-manufacturing efforts of the color science technology, instrumentation and cosmetic and related products now used by the Company.

Mr. Macfarlane co-founded the Company and is also one of the primary inventors of the patented technologies used in the Colormate(TM) II System. In addition, Mr. Macfarlane developed the manufacturing, technical and engineering specifications necessary to have miniaturized and mass manufactured the Colormate(TM) II System.

Mr. Macfarlane has been Vice President, Research and Development, and a director of the Company since formation. Prior to 1984, Mr. Macfarlane held a variety of executive positions with finance, sales, marketing, research and development and manfacturing companies in Europe, South Africa and the United States, including International Technical Research and Development, Ltd., and Trumach, Inc.

Leslie Foglesong has been the Secretary, Treasurer and a director of the Company since its formation.

From January 1, 1995 to March 1995, Mr. Arthur Guiry provided consulting services to the Company in connection with the marketing of the Company's medical applications for its technology. On April 10, 1995, Mr. Guiry commenced his duties as President of the Company under a five year employment agreement between the Company and Mr. Guiry which provides Mr. Guiry an annual base salary of $200,000 plus an aggregate of 200,000 oprions to purchase shares of the Company's Common Stock nder the Company's 1992 Stock Option Plan.

Mr. Guiry has held positions as an executive in sales for divisions of Bristol-Myers, Smith & Nephew Ltd. and Solzer for the past 18 years. He also holds a physics degree from Manhattan College.

======================================================

Filed on Aug 18 1997--DARBY MACFARLANE--Sold 10,000

Filed on Aug 25 1997--ARTHUR R. GUIRY--Sold 25,000

Filed on Aug 29 1997--ARTHUR R. GUIRY--Sold 25,000

Filed on Sep 2 1997--LESLIE FOGLESONG--Sold 10,000

Filed on Sep 2 1997--DARBY MACFARLANE--Sold 30,000

Filed on Sep 19 1997--LESLIE FOGLESONG--Sold 10,000

Filed on Nov 5 1997--DARBY MACFARLANE--Sold 50,000



To: David S. who wrote (481)11/21/1997 3:34:00 PM
From: aradu  Respond to of 5736
 
Yeah, good question David! If these BIG insiders are continually selling, what faith do we have as shareholders that they are seriously working to enhance shareholder value. It is not as if they continually (month after month) need money for their kids college education or buying houses all over the place etc etc (smiles).

Aradu



To: David S. who wrote (481)11/23/1997 6:21:00 PM
From: Rono  Read Replies (1) | Respond to of 5736
 
David, IMO insider trading is not a good barometer or indication that CCSI's stock is overvalued.

Insider trading as a whole has increased dramatically this past year. CDA/Investnet, an insider-monitoring service, reports that insider stock sales nationwide were 50 to 100 per cent higher in the summer than a year earlier. This August alone was up 60 per cent from the previous August.

This surge of inside trading could be attributable from new capital-gains tax provisions, the SEC'S new liberalized rules, or a bearish attitude about the market in general.

IMHO, it's best to judge a company on it's merits rather than insider trading.

wonderbread