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

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To: Dr. John M. de Castro who wrote (1616)11/6/1998 11:31:00 AM
From: Walter Morton  Read Replies (2) of 2742
 
CIST is losing a major customer:

"...in Fiscal 1998, sales to three customers constituted 69% (34%, 24%, 11%) respectively of total sales. One of these customers has sold its research products business, and, as such, after the first quarter of Fiscal 1999, the Company will not have sales to this customer."

It seems that the PMC deal came just in time.
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