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

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To: Walter Morton who wrote (901)11/5/1997 4:26:00 PM
From: Steve Harmon  Read Replies (1) of 2742
 
Walter,

CIST is definitely not a earnings driven story. It is an EXTREME VALUE situation. CIST's current market valuation of $6 million is SILLY. Between CIST's cash position and IL-1 alone CIST's minimum value should be in the $36 million range and thats the absolute low.

The good news is that Bluestone Capital knows of this SILLY valuation and should be telling CISTRON's story to their clients shortly.
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