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


To: Mama Bear who wrote (3900)7/2/1998 1:12:00 PM
From: Raven McCloud  Respond to of 5736
 
Yes, GMGC is a potential good short once the dilution happens.
I unfortunately went long at $13 on the last run-up and have averaged
down. Have played it both ways successfully until this last trading period. If we see $15 again and there's delays on the Portico launch I'll go short.

I don't know that I would call the convertible financing deal a "death spiral" though. Lots depends on how well Portico is received and how well it performs which if it performs well will provide tremendous revenue.