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

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To: Laertes Manuelidis who wrote (429)2/16/1997 1:23:00 PM
From: Jimily   of 2742
 
Just picked up this thread form SYCR thread. All the info. I see here is extremely positive!! Almost to good to be true. One of the messages stated that sales for 1996 were $3mm which is extremely low for a company dealing in Bio tech. The company appears to have no additional product in the oven. However, it does appear they have success with their existing accounts.

QUESTION:

If company as small as CIST has $18mm in cash, no additional product cost or immediate cost except for Legal expenses, Why have the not bought back their own stock?????
Again, I am new to this thread and apologize if I have missed this information in a previous post.
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