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


To: Vadim D. Marchenko who wrote (906)11/6/1997 2:32:00 PM
From: Steve Harmon  Read Replies (1) | Respond to of 2742
 
Vadim,

My reasoning for a stock repurchase has been stated. I am for INCREASING shareholder value for the existing stockholders. The current over hang in CIST's stock is DECREASING not INCREASING shareholder value.

You are right about CIST being in the mid-$.20s for over a year. The minimum value of CIST is $1.33 a share. Is shareholder value being MAXIMIZED?