Cistron Biotechnology(CIST)$.30 Message Board

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

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To: Stephen McCullough who wrote (250)	12/21/1996 1:18:00 AM
From: Russell Gish	of 2742

Stephen, Just looking at the quotes and I see a lot of trades at 0.30 for the past couple days. IMO this looks like the quitters are not satisfied with the progress of this entity. Why did I buy? Because unless something is totally amiss, I see no reason why this stock cannot trade higher. Let's call it conservatively... next quarter shows earnings just from the settlement of net $6.5M divided by 27M shares equals 0.25/share times P/E of 12 equals $3/share times fudge factor of 0.5 and I think this stock should be trading at $1.50 by March. That is my short term goal. Long term... who knows!

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