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


To: Anthony Carli who wrote (1323)8/3/1998 12:35:00 PM
From: Zvi Yammer  Read Replies (1) | Respond to of 2742
 
Anthony

The 1.3 million will be purchased directly from the company.

This purchase will be at .75 for a book value of .48.

This will add value unless the .75 is offset b ylower priced shares as I have noted in my prev. post.

Buying stock from the company directly at prices above book increase
the intrinsic value of the other shares.

Buying from the mkt does not increase value except temporarily.