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Biotech / Medical : Ligand (LGND) Breakout! -- Ignore unavailable to you. Want to Upgrade?


To: celeryroot.com who wrote (22750)6/26/1998 6:33:00 PM
From: Rudy Saucillo  Respond to of 32384
 
Celeryroot,

I don't want to take up too much space on this thread discussing CIST, so I'll be brief and provide relevant links.

<<Why don't you define for us what you mean by "extreme value play" ??>>

CIST has a book value of ~48 cents/share, trades for 16-18 cents/share, has a proprietary lock on human IL-1b, has an ongoing reagents business and is researching therapeutic uses of IL-1b in cancer, infectious diseases, and wound healing. As the result of a litigation settlement with IMNX, they have cash out the wahzoo. They are actively pursuing partnership and merger/acquisition opportunities.

<<as far as, "extraordinary patent position" hmmmm not to many seem to agree since it sells for 19 cents, or could it be that the patent is useless>>

Current research has identified very real opportunities for use of IL-1b in immunotherapies for cancer and infectious diseases. This potential is covered by CIST patents/licenses and is not reflected in stock price. Check out messages 1193, 1140, 1144, 1124, 1009 on the CIST thread for a few examples.

I'll look for comments on the CIST thread!
Rudy



To: celeryroot.com who wrote (22750)6/27/1998 4:04:00 PM
From: Steve Harmon  Respond to of 32384
 
Rudy is right on the "extreme value play" at CIST.

Cistron has a minimum of $1.00 in assets and is currently trading at 18 cents.

.55 cents a share in cash($12.6 million in total cash)
Tiny burn rate also.