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


To: Walter Morton who wrote (1471)10/14/1998 11:33:00 AM
From: Walter Morton  Read Replies (1) | Respond to of 2742
 
Including today we only have to wait 17 more days before we see if the agreement or lack of an agreement with change the stock price.



To: Walter Morton who wrote (1471)10/16/1998 12:58:00 PM
From: Walter Morton  Read Replies (1) | Respond to of 2742
 
15 more days.....



To: Walter Morton who wrote (1471)10/17/1998 9:44:00 PM
From: Rudy Saucillo  Respond to of 2742
 
<<Do you think the current price is a reflection of expectation of a deal being made or not being made?>> I think the current price reflects a lack of investor interest and/or attention rather than any expectation related to the PMC negotiations. Anything could happen, of course, but I see no reason to believe the agreement will *not* be finalized. Given PMC backing and other deals in work, CIST *should* trade well above book value very soon. Rudy