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


To: JanyBlueEyes who wrote (5040)5/18/1999 10:27:00 AM
From: Marconi  Read Replies (1) | Respond to of 5736
 
Hello JanyBird:

CCSI PR "Thereafter, various pricing structures and packages will be offered, based on the different markets being supplied."
My take is this is more earnest hopes but materially is closer to fabrication than any concrete business contracts.

The "Thereafter, various pricing structures and packages will be offered" implies a demand that is not materially there and further implies there are so many choices to optimize fulfilling this 'demand' that management is sorting through a myriad of possibilities. That is not believable based on the history and track record of CCSI management.

I think management is baffled but it is not by the sound business choices; it seems more of how to push this development onto customer prospects, and the going has been slow. Many promises and implications from CCSI management, but no show.

The next few quarters will hammer down market size for CCSI. My estimate is under $10M. A market cap of $200M+ is gross overvaluation IMO. The TA stats indicate CCSI is on the rise--the obvious--but I expect those to peter out soon. I continue to short more. I would like to see a higher price for selling short more CCSI like 14. And again at 18. I am pulling for 14 but I think I may be disappointed.
Best regards,
m