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

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To: James Silverman who wrote (910)11/16/1997 3:32:00 PM
From: Steve Harmon  Read Replies (1) of 2742
 
Jim,

I agree with you on Bluestone. Only 3 1/2 months left on the Bluestone contract. I hear from a source at Bluestone that John Kluge is a silent partner there.

Just stating that CIST's mgt. by initiating a small buyback could on their own eliminate MARK CAPITAL's remaining position of less than 500,000 shares which is keeping CIST at these SILLY levels.

When Bluestone makes their move they will probably gobble up those shares on the cheap for their clients. (Probably negotiating a price for that remaining block now.)
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