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Biotech / Medical : Cistron Biotechnology(CIST)$.30
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To: Udo W. Perkuhn who wrote (157)11/18/1996 11:28:00 PM
From: James Silverman   of 2742
 
I could venture to guess what is bothering Rick, its some of the mindless garb that is posted. Generally I find these boards very useful and knowledgeable. The logic on this board from a few people can be frustrating and seems to have little thought behind it.

Ricks spelled out precisely what the LT story and strategy for CIST COULD be and I appreciate that as his industry perspective gives him a vantage point that is unmatched here. Giving everyone a reasonably good idea of what the investment potential of CIST may be. If he's halfway near the mark, CIST will be a great stock over the next couple of yrs easy. I personally couldnt give a rats **!!** what PR CIST releases. I'd rather see progress in numbers that can't lie. How about the next quarterly, a great balance sheet. Perhaps a yr from now, revenues will start to kick in and operating earnings will follow suit.

There is a blatant "reward me now" attitude from investors that fail to see the long term picture. If the company performs adequately, the stock will follow suit. Whether they release info or not is truly irrelevant. For examples take a look at BLSI, GNTA, XOMA, DRMD off hand as companies who repeatedly release great PR but whose stocks have not followed suit.

If you are looking for an overnight kill with CIST, wake up, its not happening. I will gladly scoop up more shares on weakness and view the stagnation as an opportunity to snag more shares on the cheap in what should be a great LONG TERM stroy. I, in fact, welcome it.
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