Cistron Biotechnology(CIST)$.30 Message Board

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

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To: John Chylek who wrote (813)	9/6/1997 10:19:00 PM
From: Sidney Reilly	of 2742

John, Well first I read this post exchange2000.com Then I found out that bigcharts.com allows you to make a chart for the "on balance volume" indicator. So I started plotting all the stocks I have followed and more and saw that the price almost always follows the OBV. The indicator was thought up by Joe Granville. CIST has no product and sales and have not applied to the gov. to be approved for any and that takes time. Until this settlement they got by on grants for research. Is that right. Now they have money to develope some products. Are they going too? They also get some fees for patents now. I am looking for stocks using what little I know of TA and also fundamental analysis. The 6 month OBV chart looks promising, the 1 year chart looks flat though. I am no expert and am just learning the ropes with this. Good Luck, Bob

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