Cistron Biotechnology(CIST)$.30 Message Board

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

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To: Udo W. Perkuhn who wrote (78)	11/7/1996 10:56:00 PM
From: scaram(o)uche	of 2742

Message from Udo W. Perkuhn on Nov 7 1996 10:00PM EST 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!!!) ////////////////////////////// Udo, the loss was due to attorney's expenses related to the IMNX litigation. It was a bet that <<apparently>> paid off, not a problem with expenses or operational costs that will be faced in the future. IMO, it's more like $3 million X 0.93 = $2.79 million, or $0.10/share. You might make another trip through the 10-K and see if you agree. Rick

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