SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Biotech / Medical : Chromatics Color Sciences International. Inc; CCSI -- Ignore unavailable to you. Want to Upgrade?


To: invest04 who wrote (689)12/23/1997 8:39:00 PM
From: rogermci®  Respond to of 5736
 
Aw Stephen,,,Don't you think David S. puts a little more thought into his posts. Only a reasonable person would put any credence in your scenario playing out. Thanks to you and Janybird.

Roger



To: invest04 who wrote (689)12/23/1997 8:40:00 PM
From: GemSeeker  Read Replies (1) | Respond to of 5736
 
Stephen, your thoughts are the very model of thoughtful, focused and articulate analysis that make this one of the most informative threads on SI. The accuracy of your evaluation remains to be seen but you get very high marks for building a plausible scenario.

You, Janybird and Skipard make a helluva team.

I nominate you for best CCSI post-of the-month!



To: invest04 who wrote (689)12/23/1997 9:29:00 PM
From: David S.  Read Replies (4) | Respond to of 5736
 
The boilerplate reason companies do splits is precisely what you suggest - to increase liquidity. However, another way to look at liquidity is supply and demand. Post split, if you still want to own CCSI, you're not going to sell your stock. If you own $50,000 worth and want to sell $10,000 worth, after the split, you'll just sell more shares in order to raise the $10K. Similarly, if John Q Public or a fund wants to buy $1million worth of stock, they must find sellers of $1 million worth before or after the split. A 3:2 split puts the stock around $10, and retail investors who have never taken a finance course may think that they can make more on a $10 stock than on a $20 stock, not being able to do the math that shows that a 100% move on a $20 stock will make you the same amount of dough as a 100% move on a $10 stock. In the short run, splits will attract that type of investor - the Wade Cook numbskull, but in the intermediate and long term, splits do nothing to add value, and when done on low priced stocks that are losing money, are a sign that management is trying to prop things up. I cannot tell you when the stock will break, especially since no analyst follows the stock so there are no estimates to be slashed. I cannot give you a catalyst, other than time and competition - SPRX, wheras people posting on this thread tend to give CCSI a 100% market share! However, I have made 4 points shorting this pooch and have since moved on, and post merely to alert the honest ones out there that on occasion, what goes up, can come down.



To: invest04 who wrote (689)12/23/1997 10:02:00 PM
From: Pete Ryley  Read Replies (1) | Respond to of 5736
 
Greetings Stephen:
Very *very* excellent post. I agree with everything you enumerated, and I have put my money on that list coming to fruition. I am up to my gills in CCSI.

However, I do have one very small question. Why did you mention rather specifically

"one part of a puzzle that will be concluded within 60 days".

Any specific reason for that time frame?

Regards and Seasons Greetings to all CCSI longs. Pete

Between CCSI, ABTX and RADAF, 1998 is gonna be verrrrrrry interesting.



To: invest04 who wrote (689)12/24/1997 12:30:00 PM
From: Ron Harvey  Read Replies (1) | Respond to of 5736
 
Helpful posts both from Stephen Miller (#689) and David S. (#693). I try to be an objective investor who benefits from contending viewpoints (which doesn't include contending name calling). I like ideas that open up new avenues for thought, whether they accord with my predispositions or not. No one's twisting my arm to agree. And while the First Amendment really irritates a lot of people, I'm happy it's exercised.



To: invest04 who wrote (689)12/28/1997 2:34:00 PM
From: Gurupup  Read Replies (1) | Respond to of 5736
 
Stpehen,

I have been away for 2 weeks, and just returned to the boards, God only knows why. Your post was excellent.

I left with the Dow Jones at 7976. CCSI was $14 7/8, Dow is now 7679 CCSI is $15. Not terrible in this market.

David S does not deserve any recongition from anyone with a plus IQ, and his posts should be totally ignored. I said it before and I repeat he is VERY BAD NEWS.

I am totally for the 3/2 stock split. I haven't been doing this for very long, but I think it is important.

The additions of Vimond, Holzman, Maisels, is major league news. Ask someone in the drug, medical, pediatric field, about these gentlemen, and you will get A+++.

I predict that the first quarter of 1998 will be a huge quarter for CCSI. I have a strong gut feeling that we are going to be amazed at what will be put in front of us in the way of a deal.

Anyone who owns this stock at this stage is going to see a development stage company turned into a money machine. With the small float, and a reasonable short position, it will not take much to see the stock have a very significant rise, based on some concrete developments.