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


To: Ron Harvey who wrote (1780)4/20/1998 7:25:00 PM
From: Ron Harvey  Read Replies (3) | Respond to of 5736
 
I had pulled back but picked up some more shares today at 12. It stands to reason that a company isn't going to pay what must be top dollar for a big-league PR firm like H & K unless there's some music forthcoming to justify major horn tooting. Today's price action suggests that this could be the thinking of many of today's buyers. With the announcement of CCSI's deal probably around the corner, I'd like to see some basing in the 14's or higher, because the announcement could pop this volatile stock three or four points from wherever it happens to be. . . and that would occur (my guess) even before the PR folks start some serious playing. For anyone considering it, now is not the time to sell. I think that this horse is at the top of the stretch and has much run in it. Further, I would hope that the longs are civil enough not to gloat at what will likely become the plight of the shorts. It'd be unseemly to rub salt into the wounds after the shorts are pulled down.