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

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To: mike mulhearn who wrote (395)2/8/1997 7:35:00 PM
From: scaram(o)uche   of 2742
 
Yeah, I know what you mean. I've been looking at it myself. Just so you know, however...... in 1997, squalamine is an anti-cancer agent. In 1993, it was an orally administered systemic anti-infective. The modern world of biotech is where you tailor a drug to an indication, not vice versa. The CEO has been pulling down a nice salary for a long time, but shareholder equity seems to only go up for brief periods after dilution. However, they are turning in new directions.
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