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

To: Gurupup who wrote (2577)	6/9/1998 8:24:00 PM
From: gamesmistress	Read Replies (4) \| Respond to of 5736

CHROMATICS COLOR SCIENCES TO RESPOND TO FALSE ALLEGATIONS This came out at 8:16. May be too little, too late...they should have come out with this early this afternoon. NEW YORK, June 9 /PRNewswire/ -- Chromatics Color Sciences International, Inc. (Nasdaq: CCSI) today said that it would release shortly a detailed response to the numerous false allegations relating to the company, its product, the existing market size and other related matters contained in a report issued by Asensio & Company, Inc., a firm that is engaged in short selling activities. Given the nature of the false allegations and misrepresentations contained in the Asensio report, Chromatics plans to issue specific, detailed factual information refuting such false allegations. The response will be consistent with the Company's prior public statements on its innovative, patented, FDA-cleared Colormate(TM) Tlc-BiliTest(TM) for non-invasive detection and monitoring of bilirubin infant jaundice, as well as the size of the existing market for monitoring bilirubin infant jaundice. Chromatics also said that it had contacted the Securities and Exchange Commission Enforcement Agency and Nasdaq concerning the recent trading of its securities and related activities by Asensio. Furthermore, the Company said that it was exploring taking all available legal actions.

To: Gurupup who wrote (2577)	6/9/1998 9:03:00 PM
From: JanyBlueEyes	Read Replies (4) \| Respond to of 5736

NEW -> RENEWED BUY: CHROMATIC COLOR SCIENCES (CCSI 6 3/4) Who's Commiting Fraud -- CCSI or Asensio? Mt. Sinai Pediatric Chief Says Asensio Either Very Stupid Or Very Venal Asensio & Company came out with a report June 9 that Mt. Sinai Pediatric Chief Dr. Ian Holzman claims is a "Big Lie". After faxing Dr. Holzman a copy of the Asensio report he quickly noted the following major discrepancies. Under Summary & Recommendation, the report states, "The Colormate III does not contain any new technology and can be easily duplicated using standard, commonly available components. In fact CCSI's FDA approval is based on the fact that the Colormate III is 'substantially equivalent' to other existing colorimeters, including one that has been on the market for well over forty years." Dr. Holzman replies those clams are a "patent lie". The FDA approval was based on the fact that the Colormate III produces results "substantially equivalent to blood". Yes, the physical technology of shining a light on the skin is no big deal. What is unique, he says, is the way the data is processed and how the computer-based algorithm transforms the light into data that counts bilirubin. Nowhere in the Asensio report is there any data that says the Colormate device is the only device that produces results the equivalent of a blood test. The claims Asensio makes about the market size is equally outrageous. "Bilirubin tests are done internally and cost hospitals $1 to $2 per test.....Only babies that appear jaundiced are tested for bilirubin. These tests require only a small drop of blood and the sample can be accumulated to allow large batches to be automatically processed simultaneously." Obviously the person who wrote this has never had a child. Ask any parent what it's like to watch your newborn having his heel pricked in an attempt to draw "only a small drop of blood". If your newborn is yellow, after the blood is finally drawn, do you want to wait around for hours, days or weeks for a hospital lab to da a batch process or even a rush? If your baby was not born in a hospital, what parent wants to wait and what pediatrician wants to send drawn blood to a lab when there's the Colormate III? By the way the marginal cost for a Colormate III test is $0. There are many other claims in the Asensio report that Dr. Holzman claims are just flat out wrong. What totally amazed us is that as of 11:30AM EDT on June 9, not one member of the financial media has been in contact with Dr. Holzman. This is not about just a difference of opinion. Particularly if the Asensio report left out on purpose that the FDA approval was due to the Colormate device being the equivalent of blood. A question for the SEC: Since CCSI was not borrowable when the stock was at 16, were all the sales over the past few weeks legal long sales? A question for the US Attorney: Is it legal to knowingly disseminate inaccurate information over the internet and via conference calls for the express intent of driving a stock price lower?

To: Gurupup who wrote (2577)	6/9/1998 9:26:00 PM
From: JanyBlueEyes	Read Replies (1) \| Respond to of 5736

NEW -> RENEWED BUY: CHROMATIC COLOR SCIENCES (CCSI 6 3/4) Market Trim Tabs - Charles Biderman, President Who's Commiting Fraud -- CCSI or Asensio? Mt. Sinai Pediatric Chief Says Asensio Either Very Stupid Or Very Venal Asensio & Company came out with a report June 9 that Mt. Sinai Pediatric Chief Dr. Ian Holzman claims is a "Big Lie". After faxing Dr. Holzman a copy of the Asensio report he quickly noted the following major discrepancies. Under Summary & Recommendation, the report states, "The Colormate III does not contain any new technology and can be easily duplicated using standard, commonly available components. In fact CCSI's FDA approval is based on the fact that the Colormate III is 'substantially equivalent' to other existing colorimeters, including one that has been on the market for well over forty years." Dr. Holzman replies those clams are a "patent lie". The FDA approval was based on the fact that the Colormate III produces results "substantially equivalent to blood". Yes, the physical technology of shining a light on the skin is no big deal. What is unique, he says, is the way the data is processed and how the computer-based algorithm transforms the light into data that counts bilirubin. Nowhere in the Asensio report is there any data that says the Colormate device is the only device that produces results the equivalent of a blood test. The claims Asensio makes about the market size is equally outrageous. "Bilirubin tests are done internally and cost hospitals $1 to $2 per test.....Only babies that appear jaundiced are tested for bilirubin. These tests require only a small drop of blood and the sample can be accumulated to allow large batches to be automatically processed simultaneously." Obviously the person who wrote this has never had a child. Ask any parent what it's like to watch your newborn having his heel pricked in an attempt to draw "only a small drop of blood". If your newborn is yellow, after the blood is finally drawn, do you want to wait around for hours, days or weeks for a hospital lab to da a batch process or even a rush? If your baby was not born in a hospital, what parent wants to wait and what pediatrician wants to send drawn blood to a lab when there's the Colormate III? By the way the marginal cost for a Colormate III test is $0. There are many other claims in the Asensio report that Dr. Holzman claims are just flat out wrong. What totally amazed us is that as of 11:30AM EDT on June 9, not one member of the financial media has been in contact with Dr. Holzman. This is not about just a difference of opinion. Particularly if the Asensio report left out on purpose that the FDA approval was due to the Colormate device being the equivalent of blood. A question for the SEC: Since CCSI was not borrowable when the stock was at 16, were all the sales over the past few weeks legal long sales? A question for the US Attorney: Is it legal to knowingly disseminate inaccurate information over the internet and via conference calls for the express intent of driving a stock price lower?

To: Gurupup who wrote (2577)	6/10/1998 2:00:00 AM
From: Shammymoo	Respond to of 5736

Skipyard, It's always darkest before the dawn... :-) I must say you have known everyturn of this stock before it happens & you have faithfully let us all know before the crowd, for this I say Thank You! We all had a chance to do what was proper Monday morning thanks to you, and we are poised & ready to buy every dip Asensio causes.. I have made a lot of money on CCSI, (always long) and I look forward to making more from it now that it is sooo cheap.. By the way, I had to laugh when I read Manuel's (Asensio) reference to "boiler room company's" considering Manuel's office is as close to a boiler room as I've seen.. He's been on Cnbc before, It's just a guy with a computer & a bunch of money, There is no Big firm or big bank.. it's just some guy, and a pretty dopey sounding guy at that, all he does is sit around and try to figure how to cause a train wreck whenever he can.. And considering the report, and the reference to "Pink" computers in the 1970's, I'd say Manuel Ass. sits around SI quite a bit, and slowly creates doubt under names like "Mr. Pink"... Then he brews up some unproffesional drivel and issues it as a "press release". From what I've heard he's made a ton of bad shorts over the years before the internet got so strong, he's been shorting thru this whole Bull market, only recently has he found a way to manipulate a stock from his plastic orange cafeteria chair & his 486 computer.. Well, when the stock was hitting $17 - $19, we were the kings & queens of the hill, so this week the shorts have a chance to cover, many of them are still at a loss from what I figure, due to the split.. Oh and by the way, what kind of reputable company issues a "Strong sell" report when the stock is already cut in 1/2... If I was paying for his "service" I'd wanna know where the hell he was at $19, wouldn't that have been the day to sell short?? No, not for Manuel, cause he's screwed up again and I bet his shorts were still outta the money even at $ 4 5/8... on the off chance that he can somehow do a little more damage, I have decided to wait another day or two to start buying back in, or if it breaks $7 I'll start buying cautiously.. But I'd love to see Manuel get his but handed to him, so when I see pannick buying I'll definately help put the Squeeeeeeze on! Anybody Know what market maker symbol Asensio Or Dreyfus uses to trade?? GoodLuck & GodBless, -Glen(GG)