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


To: BuzzVA who wrote (4393)8/11/1998 9:41:00 PM
From: Rajiv  Respond to of 5736
 
What do you folks make of the still 3+ million shares short? It seems if ANY information was on the street, good OR bad, we'd have seen it reflected in the stock price from these levels.

Some shorts think that there is no meaningful deal (they have followed stocks where the management has promised deals which never came - the CCSI "story" can be seen elsewhere). This will produce a gradual decline in the stock price as some longs lose their patience.

CCSI will probably come up with some "deal" after several more months. Some of the shorts think that it will be with a very small player
(calling it an international player will be a joke). The revenue-earning potential will then be obvious to everyone except the last few CCSI-fans. The market will greet the news with a more suitable market cap which will be significantly less than the current 100M.

Regards.
Rajiv