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Biotech / Medical : Cistron Biotechnology(CIST)$.30 -- Ignore unavailable to you. Want to Upgrade?


To: Rudy Saucillo who wrote (2302)6/8/1999 6:02:00 PM
From: Walter Morton  Read Replies (2) | Respond to of 2742
 
Rudy, you don't seem to give much value to the other parts of CIST:

Strong Cash Position
$9 Million on hand
Will receive $3 Million from Immunex in Novmeber 1999
Will receive $1 Million from Immunex in November 2000

Low Debt
No preferred shareholders
Long-term debt only $260,000
Short-term liabilities only $1.2 Million

Promising Research Collaboration
Pasteur Merieux Serums & Vaccins, S.A. (PMS&V), the world's largest vaccine company
PMS&V to fund vaccine development program over the three-year period for $900,000
$31 Million to Cistron in milestone payments based upon development progress
Cistron would receive royalties should PMS&V sell vaccines using Cistron technology

Monoclonal Antibody/ IL-1ß Patents
So promising that the largest vaccine manufacturer in the world owns Cistron stock
So valuable that Immunex agreed to pay $21 Million to avoid a $125 Million lawsuit
So promising that that largest vaccine company in the world agreed to pay $31 Million

PAI-2 DNA Patent
Cistron granted an exclusive sublicense to Biotech Australia Pty.
Limited to make, use and sell PAI-2 bioaust.com.au

Royalty Agreements
TECHNE Corporation (Nasdaq: TECH) rndsystems.com
Cistron would receive royalties should PMS&V sell vaccines using Cistron technology

Science/Therapeutic Potential
Message 9894857


I don't believe CIST is going to sell for >$10, but I would be disappointed with just $1.



To: Rudy Saucillo who wrote (2302)6/10/1999 8:28:00 PM
From: Walter Morton  Read Replies (1) | Respond to of 2742
 
I just stumble upon a company that I had never heard of before today.
When I looked at its current and past performance it reminded me of CIST , but it's stock price is much different. Take a look:

biz.yahoo.com

biz.yahoo.com

I know I am not comparing apples to apples, but it's not like comparing apples to oranges.

What is the major reason for VICL's stock price to be so much more higher than CIST's compared to book value and sales?

I think this will be a good discussion even if you disagree.

Two differences that I noticed is that 57 institutions invest in VICL and at least four analyst rate it.