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

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To: Rudy Saucillo who wrote (1367)8/26/1998 11:56:00 PM
From: Steve Harmon  Read Replies (1) of 2742
 
The new excuse Cistron has been using lately to defend its bankrupt stock price is...THE BIOTECH MARKET IS DEPRESSED.

It has been 2 years since the IMNX settlement....IMNX has more than quadrupled since then! I follow and track over 100 biotech and medical device companies and only 1 besides CIST is trading below 1/2 cash!!! By the way its CEO was just replaced! The market both biotech and general has gone up and down and sideways since then....Cistron's stock has gone nowhere in both up and down time frames!

Bruce...You are allowing our stock price to trade as if we were out of cash, had no product, and getting ready to file for bankruptcy!

I have been investing too long to fall for that lame excuse!
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