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

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To: harry zelatis who wrote ()2/9/2000 11:38:00 AM
From: Phil Cressman  Read Replies (2) of 2742
 
Don't know what to think. No buying or selling pressure and share price probably around breakup value if one doesn't put much dollar value on patents. I'm guessing that we're still looking at dead money in the 30 to 40 cent range until some news on the Connaught collaberation comes out. It's been quite some time so you'd think some results are forthcoming. Just guessing that management hopes it's good enought to just sell them the company. Any guesses on a buyout value? I'm thinking now that $1.00 / share is possibly tops whereas a year or so ago I'd have said $2
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