Cistron Biotechnology(CIST)$.30 Message Board

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

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To: Rudy Saucillo who wrote (1655)	11/10/1998 7:29:00 PM
From: Dr. John M. de Castro	Read Replies (2) of 2742

Rudy, PMC valued the shares at .58. So, if you assume that they are paying a little premium to market, it'd value CIST in the .45 to .55 range. But, as my market guru once told me, "Things are worth what somebody is willing to pay for them". It doesn't appear that anyone is willing to pay either your or my theoretical valuation. I disagree with "rkrw". IMHO having CIST listed on the bulletin board IS a significant problem in convincing anyone that they should pay the .45 to .7 values we're postulating or the 1.00 that Steve believes is right. John de C

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