Cistron Biotechnology(CIST)$.30 Message Board

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

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To: Zvi Yammer who wrote (1004)	1/12/1998 4:25:00 PM
From: Steve Harmon	Read Replies (1) of 2742

Zvi Y., Thanks for the informative posts on CIST's meeting. The flu kept me away. Two things>>>> 1)The share buyback was a good move for the shareholders.(it increased the value of our shares on paper). 2)The thing that is destroying CIST is LOUSY stock support. Compare CIST with their flu vaccine partner Novavax(NOX). Novavax's products are in early clinical trials also. CIST has $14.5 mil. in cash and cash rec. NOX has $ 4 mil. CIST has a market value of $5 mil. NOX has a market value of $60 mil. CIST has 3x the cash that NOX has. NOX has a market value 12x CIST. NOX is getting tremendous sponsorship(stock support) from their investment bankers Anaconda Funds. Too bad we didn't hire the Anaconda Funds. I think if they were on board CIST would not be trading at 1/3 cash.

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