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


To: JanyBlueEyes who wrote (2586)6/9/1998 9:07:00 PM
From: BuzzVA  Respond to of 5736
 
This is getting gooooooood! ;~P



To: JanyBlueEyes who wrote (2586)6/9/1998 9:14:00 PM
From: paul boudreau  Respond to of 5736
 
Great find Janybird. What is the source of this article? It didn't show up on Yahoo company news. As far as the companies handling of the situation, I agree it could have been better, but who could have expected this type of viscious attack that is so blatantly false and unsubstantiated. A professional, point by point rebuttal to the accusations followed in the NEAR future by the details of a distribution agreement will put us back on track.



To: JanyBlueEyes who wrote (2586)6/9/1998 9:32:00 PM
From: Mama Bear  Read Replies (1) | Respond to of 5736
 
>>>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?<<<

Please, where do these people come from? What in the world makes this fool think CCSI was not marginable? This is really shaping up to be a good long term short. I will have to reenter tomorrow.

Barb



To: JanyBlueEyes who wrote (2586)6/9/1998 10:06:00 PM
From: Ploni  Respond to of 5736
 
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?

It's about as legal as knowingly disseminating inaccurate information over the internet and via conference calls for the express intent of driving a stock price higher -- which happens daily. The problem is you have to prove who's lying, and that they are doing so intentionally. Then, the SEC will probably still not get involved, because they would need 100 or 1000 times as many people to follow all such cases. If you suffered harm from the lies, you can hire a lawyer and sue, and in two years you may receive a few pennies on the dollar, while your lawyer may receive much more.

(I have no position in CCSI, but am interested in the controversy.)