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


To: Ron Harvey who wrote (2854)6/11/1998 11:58:00 AM
From: Mama Bear  Respond to of 5736
 
>>> I think that TA charting of any stock in turmoil and susceptible to imminent news is meaningless.<<<

I'm looking at an 18 month chart. Things smooth out over time. Regardless, TA is always applicable. It takes into account all the reasons why people trade. I do not accept the notion that there are any exceptions. The chart shows the support at 4 1/2, and showed the lack of support between 8 and 10. If you look from Feb 97 until the end of August (FDA approval) you will see what I'm talking about.

Barb



To: Ron Harvey who wrote (2854)6/11/1998 12:11:00 PM
From: R. M. Rosenthal  Respond to of 5736
 
FROM YAHOO--

>>MANUEL ASENSIO ISSUES
FALSE AND MISLEADING
REPORT
Tabadoa1
Jun 11 1998
11:13AM EDT

THE "RESEARCH REPORT" ISSUED BY ASENSIO IS RIDDLED WITH
FALSEHOODS,MISLEADING INFORMATION AND NEGLEGENT OMISSION OF MATERIAL
FACTS.#1-WHY WERE INVESTORS NOT TOLD THAT CCSI HAS FDA APPROVAL FOR THE
ONLY BLOOD EQIVALENT DEVICE IN EXISTANCE,THE COLORMATEIII.THIS INTENTIONAL
OMISSION OF A SUBSTANTIAL MATERIAL FACT INVALIDATES EVERYTHING THAT THE
REPORT ATTEMTS TO PASS OFF AS FACT IN REGARDS TO THE PROPRIETARY
TECHNOLOGY,PATENT VALUES,AND POTENTIAL MARKET USE FOR THE
COLORMATEIII.#2-WHY WERE INVESTORS MISLED BY ASENSIO REPORT AS TO THE
POTENTIAL MARKET FOR THE CHROMATICS DEVICE?THE POTENTIAL EARNINGS MODEL
FOR THE COLORMATEIII WAS BASED ON PER TEST DATA,NOT ON THE SALE OF
BILIRUMINATORS,AS A PHONE CALL TO THE COMPANY WOULD HAVE VERIFIED.WHAT IS
THE EXPLANATION FOR DISSIMINATING AN INACCURATE,FALSE AND MISLEADING
REPORT SUCH AS THIS?IS IT AN ATTEMPT TO MANIPULATE STOCK PRICES TO
FACILITATE COVERING ASENSIOS 300,000 SHARE SHORT POSITION?WILL THESE
QUESTIONS BE ANSWERED BY ASENSIO TOMORROW,SINCE HE PASSED UP HIS CHANCE
TODAY?CONCERNED INVESTORS BOTH LONG AND SHORT,MAJOR MEDIA AND
SECURITIES REGULATORS WANT TO KNOW.WERE THESE FUNDAMENTAL,GLARING
OMISSIONS DELIBERATE?WAITING FOR AN EXPLANATION MR.ASENSIO.<<