A Biotech Bash - Recs and Wrecks Message Board

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Biotech / Medical : A Biotech Bash - Recs and Wrecks

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To: Andrew H who wrote (35)	8/26/1997 3:05:00 AM
From: John Liu	of 171

SHOW ME THE MONEY!!!!!!! That is what I like about this company called Cistron Biotechnology(BB:CIST). Because of the fact that they won several major lawsuits(Won 15 million dollars over several years) they have now more cash(+recieveables) then their stock value(close to 2 times stock value). Just found out yesterday also that a subsiduary of Warner-Lambert has a pretty large stake in the company from that and the fact that they won several major lawsuits against much much larger competition in court shows a non biotechnology expert that they know what they are doing at least on the reasearch and developement side of the equation. The main negatives about this company is that it is on a Bulletin Board and that it is not very heavily traded but as long as they have so much cash then the positive possibilities for the long term is much better IMHO then the negative since with so much cash the chances of good news being released out weights the bad. Questions/Comments??? exchange2000.com John

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