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


To: Walter Morton who wrote (1483)10/19/1998 9:16:00 AM
From: Steve Harmon  Read Replies (1) | Respond to of 2742
 
Walter,
The PMC deal is not in Cistron's stock price until you get past the 50 cent level...Current market value 22 cent a share.

The total value of the PMC deal in the Letter of Intent if all of the milestones are meet would mean another $1.43 a share in value to Cistron.

The deal is obviously not in Cistron's current price of 22 cents.