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

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To: Walter Morton who wrote (2340)6/24/1999 1:16:00 AM
From: Vadim D. Marchenko  Read Replies (1) of 2742
 
I was never opposed to buying back shares @ well below market price in a private transaction. I loved it when they bailed out some fund @ $0.10/share and they just made me at least another $.08. What is there not to like? However, I still think announcing buyback of its shares in the open market is a bad idea and seriously doubt it will ever happen (especially since the sale of the company one way or another is imminent).
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