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Biotech / Medical : CYTO -- Ignore unavailable to you. Want to Upgrade?


To: Jim Oravetz who wrote (7559)7/30/1999 11:01:00 PM
From: BlueCrab  Read Replies (1) | Respond to of 8116
 
Jim, JR seems to be setting CYTO up in very good company. It's nice to see what happens when a real businessman becomes CEO.

What does he have up his sleeve for the CC? I can hardly wait. I don't expect earnings surprises, but I am CERTAIN that there will be some interesting (read, "good") news for us:

biz.yahoo.com



To: Jim Oravetz who wrote (7559)8/5/1999 1:42:00 PM
From: Jim Oravetz  Read Replies (1) | Respond to of 8116
 
DJ Cytogen Sells $5M In Stock To Wisc. Investment Bd

PRINCETON, N.J. (Dow Jones)--Cytogen Corp. (CYTO) completed a $5 million registered offering of common shares to the State of Wisconsin Investment Board.
In a press release Thursday, Cytogen said it sold 3.1 million shares at $1.61 a share.
The price represented a 7.25% discount to the average price of the shares over an agreed five-day pricing period.
Cytogen plans to use proceeds for general corporate purposes.
The company's cash position doubles as a result of the offering to $10 million.