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

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To: scaram(o)uche who wrote (54)11/3/1996 9:34:00 AM
From: Zvi Yammer   of 2742
 
Rick:

First ket me say that based on your being on board I'll probablydouble
up next week.

Based on the 10-k (Search SEC and Edgar on NET then type in cistron
and a list of reports will come out) I bought about 6000 dollars
worth and I'll probably plunk down another 5.

Some Caveats

I see the 10 K says 27 million as of June 96 but someone on this board said there
are 40 million. They may have sold more stock to finance the operation
and pay some lawyers over the last 5 months. The present value of th 21 million
is 18 million so use that number when valuing the company.

Some Pro's
Marketting was done acc the 10k buy the pres. Who as we all know did
not take a pay check. So just the fact that sales were >0 is impresive.
The 10-k is chock full of projects.
I don't belive IMNX rolled over as much as I believe that they
turned sort of "states evidence". CIST let them off "easy" so that
CIST would have a quick closure and uncontested establishment of patents
.
As Harry says. Cistron has the power to be a "Premier Biotech comp."
We few who are actually following these developments I believe have the investment
opportunity of a lifetime. Yes, this may be a penny stock today but
if Rick's words ring true, I see bio-tech knowledgeable people
slowly accumulatng this stock. I also see some hypsters picking this one
up. How long till the WACO kid picks this baby up.

The company has solid technologies and solid financials. And management
that has steered this company through the darkest of storms into
the brightest of days. WHAT A COMBINATON.....
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