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


To: JanyBlueEyes who wrote (5035)5/17/1999 11:34:00 PM
From: jpbrody  Read Replies (1) | Respond to of 5736
 
CCSI started shipping the units on February 11, 1999. Why did they record NO revenues for the quarter ending March 31? (Well, they recorded $31,000 in interest income and $100 in other revenues. So at most, they've got $100 in sales in 1/2 of a quarter?) That doesn't sound too good.

For comparison, I believe Spectrx has recorded $300,000 in product sales for the first quarter.

This doesn't bode well for CCSI.

--
Jim



To: JanyBlueEyes who wrote (5035)5/18/1999 12:26:00 AM
From: Peter Goss  Read Replies (2) | Respond to of 5736
 
JB - you true believers will see it eventually:

-there is no marketing skill in the company
-the management keeps repeating the same story with slightly different language over and over again
-they are burning cash faster than they can find new sources of financing
-the balance sheet is a joke - if you take out all the intangible assets and use the cash to pay off the ballooning payables there is nothing left
-still no revenues, even though product was supposedly shipping
-if there was such great potential for this product why hasn't a major distributor snapped it up long ago. I'm sure as savvy as Darby is she is just holding those darn distributor's feet to the fire holding out for the best deal for her shareholders <g>
-Jannsen and company continue to offload shares onto the gullible public. Today the stock churned on very large volume ahead of a ridiculous quarterly report. Do you wonder why?

good luck,

Peter