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Biotech / Medical : Cistron Biotechnology(CIST)$.30

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To: Zvi Yammer who wrote (55)11/4/1996 11:57:00 AM
From: scaram(o)uche   of 2742
 
Message from Zvi Yammer on Nov 3 1996 9:34AM EST

Rick:

First ket me say that based on your being on board I'll probablydouble

up next week.

Based on the 10-k (Search SEC and Edgar on NET then type in cistron
and a list of reports will come out) I bought about 6000 dollars
worth and I'll probably plunk down another 5.

Some Caveats

I see the 10 K says 27 million as of June 96 but someone on this board said there
are 40 million. They may have sold more stock to finance the operation
and pay some lawyers over the last 5 months. The present value of th 21 million
is 18 million so use that number when valuing the company.
////////////////////////////////////

Please don't base investment decisions on what I'm doing (or on any other biotech freak's actions). I checked with the PR guy, Hal Smith, this morning. I had left a message over the weekend, and he had already checked with Bruce Galton, CFO at CIST. Mr. Smith indicates that outstanding shares are still at 26.9 million. If this is not correct, please don't shoot the messenger!

I'm still planning on uploading some PAI-2-related abstracts, but I've decided to get some other work done first. Good luck with all of your investments!

DISCLAIMER: I own CIST. Do your own homework.

Rick
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