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


To: JanyBlueEyes who wrote (4761)11/4/1998 4:19:00 PM
From: Robin  Read Replies (1) | Respond to of 5736
 
SpectRx vs. CCSI; a non-issue.

No doctor or health facility wants to buy an instrument from a company with both limited financial resources and no affiliation with an established concern in the industry. Until this changes, CCSI will have to give the instrument away. In fact, CCSI should probably consider the above strategy if they wish to corner a section of the market from SPRX prior to the approval of their 510(k) submittal. Remember, whoever places the instruments gets the income from the disposables! End result, CCSI cash burn rate increases! Now how long do you think they can spread out $9MM. Starting to look like BICO to me!
By the way, has anyone asked Jennifer who the 'phantom' manufacturer is yet? The silence is deafening!

Rockin' Robin