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

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To: Dr. John M. de Castro who wrote (1607)11/5/1998 11:31:00 PM
From: Steve Harmon  Read Replies (1) of 2742
 
John de C,

I would agree with you on the reverse split if Cistron were a earnings driven story. It did wonders for Medicis Pharm. a few years back. But of course Cistron is not a earnings story.

Access to capital markets? Cistron has 2 investment bankers.

Money is precious at Cistron? The 2 officers at Cistron have been paid almost a million dollars in 2 years...just paid out a $100,000 bonus.

The excuse that Cistron had about protecting and conserving its most valuable resource CASH has been blown out of the water!

Steve

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