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

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To: Rudy Saucillo who wrote (2197)5/26/1999 7:09:00 PM
From: John Metcalf  Read Replies (3) of 2742
 
Good point, Rudy. ONLY the future is important.

The fact that the Board has not appointed an operating officer may suggest that they intend to liquidate, rather than operate the company. Perhaps Pasteur will pay cash for Ciston's interest in the vaccine adjuvant program, or perhaps issue contingent warrants to shareholders, as Skye did for Depotech holders. It is also possible to sell other interests in IL1B, particularly in cancer treatment, as Rick used to point out.

For this, they only need a Board and CEO, which is what they have.
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