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

To: Walter Morton who wrote (1344)	8/6/1998 11:39:00 AM
From: Steve Harmon	Respond to of 2742

With $13 million...all Bruce has to do is say "BOO" and our shares rise quickly above $1 and stay there!

To: Walter Morton who wrote (1344)	8/6/1998 2:09:00 PM
From: Raptech	Respond to of 2742

Same experience. When I bid below the ask the only time I get a buy is when the price drops, and then I have really bought above or at ask. What's the action so far today???? Down .05 on 500 shares traded and a spread of .07. That's ridiculous. If I go in now and try to buy at the last trade at .28 it rarely happens. The MM's have to eat, and it's usually us they nibble on. Rap

To: Walter Morton who wrote (1344)	8/6/1998 3:09:00 PM
From: Steve Harmon	Read Replies (1) \| Respond to of 2742

Bluestone Capital's Healthcare Analyst? Scott Bailey has a STRONG BUY on Biolase(BLTI). Compare to Cistron.... Cash: CIST>>$13 mil. BLTI>>$ 3 mil. Qtr. burn rate: CIST>> $100,000 BLTI>> $800,000 Both companies current sales are similiar. Potential markets: CIST>> Flu vaccine with a marketing partner Pasteur Merieux(Largest flu vaccine manufacturer) BLTI>> Dental lasers..distribution deal with unnamed Asian company. Current market value: CIST>> $6 million BLTI>> $41 million Another note BLTI just did a Reg D offering to raise the $3 million in cash they currently have in the bank! OUCH! STRONG BUY? What rating will he give to CISTRON? Cistron has been a client of Bluestone for a year? Where is the research report on Cistron?