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


To: Walter Morton who wrote (1267)7/14/1998 12:48:00 PM
From: John Liu  Read Replies (1) | Respond to of 2742
 
Well usually the market do not like any resignations because it might imply something being wrong but at the end of the news report it did say that Edelman is 76 years old.

John



To: Walter Morton who wrote (1267)7/14/1998 1:45:00 PM
From: scaram(o)uche  Respond to of 2742
 
A few weeks ago, we started an initiative to build an embarrassing fire under the Board members. We pointed at their lack of effective action.

While I agree with Zvi regarding the $0.10 ---> $0.75 transition with the MedTech shares, anyone with an eye for performance (and who is not passive) will criticize Galton. We wouldn't be talking, pure and simple, $0.75 without the periodontal silliness, the assinine PeproTech deal, one year's delay with respect to the GTI letter, etc.

Edelman is gone. He wasn't doing his job, IMO. Therefore, regardless of motive, it appears to be a positive.

You're asking if the market has reacted negatively to Galton's promotion?

Chuckle.

I'll be back in a bit to comment on the new license and R&D support. Been on vacation.

Rick