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

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To: James Silverman who wrote (158)11/19/1996 12:09:00 AM
From: Udo W. Perkuhn   of 2742
 
Again, a press release outlining the companies plans for use of the new funds would enhance their business position. We are not looking for "hype" pr from them, just some basic information that I beleive all stockholders are entitled to. With this type of "windfall" we need them to show they can manage the company in a new direction and grow it appropriately. Your right that if the company performs the stock will as well. I also agree that Rick adds a great deal to this thread and has good insight into this particular market. I have to repeat though, a press release would only add to the companies bottom line and to stock holder value. Free advertising should not be cast aside only to spend millions later on a marketing campaign. Why are you and Rick against press releases? As long as they are factual statements they can do no harm, only good!
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