Cistron Biotechnology(CIST)$.30 Message Board

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

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To: Raptech who wrote (1734)	11/30/1998 8:02:00 PM
From: Walter Morton	Read Replies (2) of 2742

So, you don't want ENDG nor BIOI to merge or buy CIST because of the one for 11 stock exchange? Did you consider CIST's book value? That may get us one share for six shares of CIST. These companies have had sales in the millions -- $9 million and $20 million respectively. They seem to know how to market their products... something CIST admits to not trying to do: Message 6536360 LOOK AT THESE COMPANIES: quicken.com quicken.com endogen.com biosource.com I don't expect that we would lose much of the value of our stock. We would just have fewer shares. So, I think it comes down to this: Would you buy ENDG or BIOI if they had a million dollars guaranteed to come in (from an Immunex settlement) and a potential $30+ Million deal with the largest vaccine company in the world?

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