SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Biotech / Medical : Chromatics Color Sciences International. Inc; CCSI -- Ignore unavailable to you. Want to Upgrade?


To: JanyBlueEyes who wrote (4990)3/29/1999 10:31:00 PM
From: Jeffrey L. Henken  Read Replies (1) | Respond to of 5736
 
Technical Analysis Update on CCSI from Second Opinion:

Moving Average Convergence/Divergence (MACD) indicates a BULLISH TREND
Chart pattern indicates a POSSIBLE TREND REVERSAL
Relative Strength is NEUTRAL
Up/Down volume pattern indicates that the stock is under ACCUMULATION
The 50 day MOVING AVERAGE is falling which is BEARISH
The 200 day MOVING AVERAGE is rising which is BULLISH
LOOK FOR SUPPORT AT 7.20

RECOMMENDATION

STOCK SHOWS STRONGLY IMPROVING CONDITIONS SCORE = 3
IF YOU ARE SHORT THIS STOCK CONSIDER COVERING OR MONITOR STOCK CLOSELY
STOCK IS AN EARLY ENTRY BUY CANDIDATE IF STOCK CLOSES ABOVE 7.50



To: JanyBlueEyes who wrote (4990)5/17/1999 6:21:00 PM
From: JanyBlueEyes  Read Replies (2) | Respond to of 5736
 
From the 10Q filed today

We knew there would not be any significant numbers from this quarterly report (for the period ending March 31, 1999), however, there are a couple of things mentioned that update the information put out by the company to date:

Recent Events

The Company has agreed on definitive basic terms with two potential marketing and distribution partners for the exclusive distribution of the ColorMate(Registered) TLc-BiliTest(Trademark) System in the hospital, pediatrician and home healthcare markets. Both of these proposals include terms requiring minimum annual placements of the ColorMate(Registered) TLc-BiliTest(Trademark) System and TLc-Lensette(Trademark) calibration standards and/or charges per use. The Board is reviewing both sets of terms as well as recommendations of its advisors and the Company anticipates selecting one of these distributors shortly......

......Following the release of the Asensio reports....In June 1998...the Company and certain of its officers were sued in federal class actions alleging violations of the securities laws based on Asensio's allegations. The Company believes the suits are without merit and intends to defend them vigorously.

The Company is also exploring all of its legal remedies against those persons it believes have unlawfully harmed the Company....