Cistron Biotechnology(CIST)$.30 Message Board

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

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To: Andrew who wrote (2676)	3/24/2000 2:16:00 PM
From: BulbaMan	Read Replies (3) of 2742

Has anyone tried to estimate the shares outstanding for CIST after all warrants/options are exercised? My guess is 23 mil. shares, making CIST worth about .02 times the price of CLL (at $40 for CLL, CIST is now worth about $.80 based on the exchange). This calculation does not include the extra cash CIST shareholders get if the Pasteur options are exercised. Would appreciate feedback from any other number crunchers.

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