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


To: Jeffrey L. Henken who wrote (4594)9/11/1998 6:59:00 PM
From: Jean-Philippe Chevalier  Read Replies (2) | Respond to of 5736
 
"Just remember you can't short it from $14 anymore."

What a brilliant statement. I wonder why you can't short it at 14 anymore. Could it possibly be that the company has no earnings, no real marketable product, no marketing deal, no manufacturing plan, etc.

Suppose for a minute that the Colormate is marketable. Would you want to invest in a company like CCSI to bring it to market? They have demonstrated inability to move toward product delivery in spite of their FDA approval that is about a year old. Even if this thing were to hit the market (and I wouldn't hold my breath) I have serious doubts that it would ever be profitable. The best hope for a long position would be in anticipation of a buyout, but I doubt if there are any takers.

After the bilirubin market is exhausted, there is always the dental application. Got one of these things for matching crowns to the old choppers or do you find that the old color chips work just as well.

Never fear, the lowest price any stock can go is zero.