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

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To: scaram(o)uche who wrote (76)11/7/1996 10:00:00 PM
From: Udo W. Perkuhn   of 2742
 
Can't find anything in your statements to disagree with. I am still holding stock and intend to hold it for the long term. This company can definately do something. However, with a staff of 5 and a CEO who hasn't drawn a salary you can draw two possible conclusions: 1) They are "part timers" not full time aggressive management. or
2) They are very commited and are betting everything on the future success of the company. I'm looking for a press release from them that will give a better indication on which is correct. Under the above conditions, having $600K in sales and $1M in loses does not sound good! But, as I said, still holding for the long term gain. I see it as follows, even with a $1M loss, $3M in additional income would certainly make them very profitable for their size.($2M / 27M shares = .07 per share!!!)
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