To: R. M. Rosenthal who wrote (1052 ) 2/16/1998 10:39:00 PM From: David S. Read Replies (4) | Respond to of 5736
I have contacted the FDA regarding the status of CCSI's research and clinical trials in other "chromogenic" diseases. The FDA has a category of medical research that few people know about. It is the mental masturbation department. (That's fine, since Joclyn Elders wanted to teach all of us how to do that) Proposals by CCSI are being reviewed by the top analysts in this department. Stay tuned. Part II - The reason CCSI has taken so long to get a partner is due to Darby. The guy from Lehman was brought in because she finally realized that she had no clue on how to negotiate with health care companies. (or other firms in other industries). If you doubt, that, look at all the deals in the personal care/beauty/cosmetic industry that were tried and not renewed. Thanks to dear Frank and Lehman, a distribution deal with someone should happen, since the device works, and there is a market for it. In the US, they will be first to market, in the rest of the world, second as SPRX is already selling their device which does the same thing, but which is actually easier to use than CCSI's device. Regarding the hair care market, it would take a lot of convincing of American women that they need to have their current hair color measured prior to deciding on a new hair color. Regarding credibility, some people who like the stock do not tell lies, they just avoid the issues. Janybird is the world's finest cut and paste expert, and then claims all she did was cut and paste and makes no assertions on her own, other than Skippard is the expert, then Skippard creates earnings models that make one wonder if he can even balance a checkbook, let alone understand corporate finance. Here's a simple question that has yet to answered. Since SPRX already has a device on the market that does the noninvasive bilirubin testing, if these other chromogenic diseases existed, wouldn't bulls on that stock be discussing chromogenic diseases and the potential? Since they are not, ask why? Well, the reason is that they are not smoking the same stuff as people at CCSI (peanut shells). If the market for bilirubin testing is $15 gazillion dollars per week in Cincinatti, why would SPRX be more exited about the potential for the noninvasive glucose monitor for diabetes? A good magician knows how to divert the attention on the audience during the sleight of hand effect. Worth noting is that all the talk has been of the deal, the deal, reminding me of Tatoo's incessant parroting on the old TV show, "Fantasy Island" - the plane, the plane...Perhaps someone can answer the question why Healthdyne decided to become a marketing partner for SPRX - without the SPRX product even being approved yet in the US? They could have signed with CCSI. Why didn't they sign with CCSI? I know I shouldn't ask questions whose answers require more intelligence then that of day old sashimi, but occasionally it is rather fun.