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

To: Mama Bear who wrote (3611)	6/28/1998 1:50:00 AM
From: Rosendo Gonzalez	Read Replies (5) \| Respond to of 5736

Barb, what's your point? That if the doctor also has on the order of 75k options there is a conflict of interest? Hmmm.... let's extend that a bit: What does that tell you about Assensio having over 300k shares on the short side? Given the choice of two people that have supposed conflicts of interest when making comments regarding a company, in this case CCSI, which would you put more trust in? 1) A convicted criminal (Assensio)? or 2) A world renowned expert in the medical field (Dr. Maisels )? And you choose #1.....hmmmm.... Let me give you a hint Barb, stop posting imbecilic self defeating arguments. Work a little more on your basic logic skills please. Rosendo

To: Mama Bear who wrote (3611)	6/28/1998 10:23:00 AM
From: Manfred	Read Replies (4) \| Respond to of 5736

Hi Barb, I checked Asensio's reports and I am not very impressed. Could you please tell me if he issued other reports? That what I suppose because in so many years I should have issued more reports than only 16. Let's take a look on two of his recommendations (I don't know these companies, I only checked the current price): 1. Sterling Vision (ISEE) "Sterling Vision operates in a fragmented, low growth, highly competitive segment of the retail industry. The Company has negative cash flow, declining margins, rapidly deteriorating same store sales, and is controlled by conflict-riddled, highly controversial part-time managers. Even without accounting for these negative factors, based on the best case valuation of its assets, Sterling Vision is worth far less than its current $124 million market capitalization. Sterling Vision is much more likely a candidate for bankruptcy than a takeover target at any price, much less at a price higher than its current grossly overvalued $8 1/8 per share stock price. The report was issued on August 19,1997 Well, on Friday, the stock closed at 5 3/8. So, nearly a full year after the Aseniso report, I don't see any bankruptcy. (But don't forget, I don't know the company). 2. Coinmach Laundry Corporation (WDRY) "Asensio & Company, Inc. has published an institutional report on Coinmach. The report assumes that Coinmach will obtain significant additional equity or subordinate convertible debt. This may not be the case. The market for Coinmach's grossly overvalued stock may be reduced as investors reevaluate its extremely limited prospects. However, even assuming a successful additional financing, Asensio & Company, Inc. believes Coinmach's stock will soon trade below $5 per share. We see no possible outcome that can remotely justify Coinmach's current stock price." The report was issued on February 12, 1998 Well, on Friday, the stock closed at 24 1/4 (+1 1/4). So, nearly a full year after the Aseniso report, I don't see any bankruptc. (But don't forget, I don't know the company). The day Asesnio issued the report, WDRY traded at....24 ! The 52 week low is 19 1/2. Conclusion: There is no doubt Asensio was successfull with several calls (for ex. SOLVEX). But don't you know that MOST of starting companies fail? Due to these calls, he has now a certain reputation: his calls have the impact of a selffullfilling phrophesy for a certain time. But in the end, the fundamentals win. His ISEE call doesn't impress me at all. Regarding WDRY: until now (I don't know the company, so I am careful), Asensio IS WRONG. I still wonder if he issued reports that cannot be found on his website. So I dont fear Asensio. He is far from being perfect. My research is to be continued. Manfred