To: Gurupup who wrote (2426 ) 6/7/1998 1:41:00 AM From: Pete Ryley Respond to of 5736
Greetings All I found this recent post on Yahoo ccsi messages. I happen to think it is a logical and I believe accurate evaluation of the current enviornment. Judge for yourself, make your own decisions. FWIW: ================================= Top:Business and Finance:Stocks:Technology:Scientific and Technical Instr:CCSI (Chromatics Color Sciences International) <- Previous Next -> Message 1764 of 1772 Reply My Voice Voice_of_Reason1 Jun 6 1998 8:56PM EDT What are the short's arguments? Past points:1. SPRX is better. I think the FDA said something about that.2. There is no market. Dr. Maisels, Holzman,and thousands of other Drs and nurses prove otherwise.Use common sense. It's an easy sell.3.Schonburg left Dreyfus and they are selling everything. Not true4.Darby is a manacurist and doesn't have a Harvard MBA. Who cares? What do you want in a CEO? I have had an oppty to talk with hundreds of CEOs and CFOs in my career and this is what I want from them:---The shareholders must come 1st!---Honesty: Tell me the good and the bad---Know their limitations---Commitment and resultsIn this day and age when you see CEOs suck money from a company at the shareholder's expense, it's refreshing to work with Darby who always, always thinks 1st what is the best interest of the shareholders. Anyone she has ever worked with will tell you the same. Darby also knows her limitations. That's why she hired Fred Frank to negotiate and that's why she'll bring in new management to run an operationally positive company. She is a scientist and knows her boundaries.5. No deal yet; therefore no deal ever. Everyone focuses on 10 months from FDA approval. Did you ever consider the best companies or deals may have come to plate or upped the ante only 2-3 months ago? CCSI has never given me false expectations. We're right on track.Current attacks:6. Fred Frank is no longer involved. A false spin.7.Schonburg, manager at Dreyfus bought for himself and for his funds. Doesn't everyone want their manager to own the same stocks they buy for you? Fully disclosed and perfectly legal.8. The companies who helped bring CCSI public are small and therefore shady.That's like saying the Broncos are the worst football team because they didn't make the playoffs in 1972. Who are we playing with now? Lehman, etc.It's been brutal out there. The shorts are calling money managers, market makers, hedge funds, clients, and companies to short the stock. Who are they? Some are the same suspects found on these threads.Fiero bros? They are very good,but they're late. They usually start the party and my understanding is they haven't shorted much. Answer: A new shorter that has pounded it over the last few weeks.The guy is good.The guy is smart.The guy has a good following on his internet site (Not Pink,he's small potatoes). The guy is already short. On his internet site there is a very strong possibility that he will officially recommend to short CCSI on Monday for some of the reasons I just mentioned. He will try to protect his position on Monday but has already gotten the big guys in. Buy on rumor sell on fact, right? Their only legitimate argument is that there is no deal yet. Remember what the product does to help the little, innocent ones and think again about the size of that market. I believe it to be much larger than the studies indicated.To our future partner(s): Don't believe the junk you read on these boards. The internet, because of the lack of accountability, is one of the main weapons for the shorts. Most of the large shareholders keep silent, this being my 1st post in a year and a half. But by silence, don't believe for a second that we're not here and not loyal. I am personally responsible for over 100 loyal shareholders and hundreds of thousands of shares. We believe in management and the technology and will be a significant voice along side our partners as well. Ask yourselves this: Why would the shorts go thru the trouble of randomly calling companies and bad-mouthing CCSI if they didn't think there was a market and a pending deal? I think you know the answer: They know they're arguments have no merit. They will lose.