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 (55)	11/4/1996 11:17:00 AM
From: Zvi Yammer	of 2742

THE FOLLOWING IS MY BIASED INTERPRETATION OF A PHONE CONVERSATION I AM LONG THE STOCK AND WILL BENIFIT FROM ANYONE ELSE BUYING THE STOCK I spoke with Hal Smith of IR . He assurez me that there are <27mill shares outstanding fully diluted. However, he also informs me that out of the 21 mil settlememt there will be a "small" pct (doesn't know how big/small) that goes to the "New England Consortium" (a group of Univ. that did the research that was funded by Cistron). There are also lawyers fees that need to be paid. So the Actual cash to Cistron caould be substanially less than the 21 mil. Still using a pv of 18 million against 27 million shares is a cash in bank of 67 cents per share if CIST nets 65% that's still 43 cents a share in cash. Again, Buying @ 45 cents per share or lower is a solid bet. Finally, This settlmemnt was not expected by Cistron. They are therefore not fully ready to disclose what their exact plans are, but they are considering their opportunities, which will include the listing of the stock off the pink sheets and onto the Nasdaq. Based on current prices this may require anything from a 5-10 for 1 reverse split. This will not be a negative as with other pennies that reverse so the stock has more room to fall. THis reverse will allow investors who can't touch penny or otc bb stocks the opportubnity ti purchase Cistron. These events will probably not be in the imminent future so if your not willing to hold the stock for 6 -9 months I would sell now. However, I feel that in the next 6 -9 months will see the stock quadruple.

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