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

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To: John Chylek who wrote (849)9/26/1997 11:15:00 PM
From: Jonathan Rothschild   of 2742
 
I also got the E-mail and I'm glaD I wasn't the only one. I have an account at Bluestone. The information he posted was fallacious, they are not making a market in the stock. At least not yet. Only wholesalers are making markets in this BB stock. They have a Chinese wall between my broker and the analyst so I have no information about their plans as investment banker. I would guess they would help them tell their story to analysts, do a reverse split, so institutions can buy and then do some acquitions with their money. It's rare for a biotech company to have extra cash. They are specialists in IL-1 and I expect this area to be their focus. The periodontal stuff is only a sideline smokescreen. I plan to buy more on dips. I suspect that there's a big block around since it comes down all the time whenever there's buying.
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