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


To: Bill Wexler who wrote (2930)6/11/1998 8:10:00 PM
From: Peter V  Read Replies (1) | Respond to of 5736
 
It is amazing that no insider has actually bought any stock (other than exercising options) since January 1997, a year and a half. But it looks like they sold tens of millions of dollars worth of stock in the past year. I didn't add it up, but it looks like Darby alone cashed in over a million in 1997. No wonder she is concerned about the stock price.



To: Bill Wexler who wrote (2930)6/11/1998 9:00:00 PM
From: Thomas N. Scruggs  Read Replies (1) | Respond to of 5736
 
Ms. Payne
This is not an attack.I think that you're good at what you do, I just think that you're wrong on this one.
I'm not "in love" with CCSI, but I'll be holdin' my position.
What I know about CCSI is based on my own research, most of it done from right here on the farm, and I know much.
I know the company has no sales, little cash, and no partner.......yet.
I know that the technology is good.
I know the device exist and it works.
I know that it has FDA approval.
I know that there is a market ( i acknowledge that size DOES matter here and I have neither over or under estimated market size, just determined that a market is there.)
I do not know that the company has been in negotiations with a distribution partner, but i believe that to be the case.
I do not know the CEO well enough to call her by her first name.
And, I know that fundamentals don't rule. They probably should, but they don't.

Stocks like CCSI, story stocks, are driven by events, news, and momentum. not fundamentals.
Take the distribution deal,( I've stated that I believe that there WILL be one, and I don't care when it happens) If this deal is with a strong, well respected company, CCSI's stock will go up, even if the terms of that deal are not favorable to CCSI.
If the deal is announced with, let's say, me and you.....Barb and Tom's discount Medical located here in Trenton: the price of the stock will go way down. Unless..........You and I announce that we expect to sell about a million of these things over the next six to twelve months, from my basement over the INTERNET, and that the device could aid in the early detection of impotence and hair loss or both at the same time and that Warren Buffet and Peter Lynch have been invited to serve on our Board of Directors, ect...
Fundemtals?

Good Luck. I mean that. I'm holdin' my CCSI purchased 5/29/97 at $5. (split Adj.) If I'm wrong and it goes to nothin', I won't be broke and I won't blame you, and if I'm right..........

Tom
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