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

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To: Walter Morton who wrote (2494)10/1/1999 12:24:00 AM
From: Tom Bourbulas  Read Replies (6) of 2742
 
My take on reading the 10-K. It looks like the company is setting itself up to be liquidated. Not the worse possible scenario. Does anyone have a firm book value on Cistron? Also, what period of time for IRS purposes does a company have to complete a liquidation without incurring penalties. I recall (dating myself) the City Investing liquidation, there were time hurdles that the company had to make. Thanks!
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