Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Chris W. who wrote (1556)	11/3/1998 3:18:00 PM
From: Walter Morton	Respond to of 2742

If Wellesley & NEMC are part of the schools that started CIST, they probably go in at sub $.01. In that case they probably would not care. If they are not part of the original group of schools that started CIST, then I think it depends upon at what price they got in at. If I got in at $.25 or above, I would be very impatient and would want to see something happen soon. If I got in at a low price, I would be interested in knowing that the company had a good future based on product sales and customer base relative to the competition and the market. In other words I would want to know, as soon as possible, when to get out. A major stock buyback would indicate that it is not time to get out of CIST. No buyback leaves me hanging.

To: Chris W. who wrote (1556)	11/3/1998 3:23:00 PM
From: Rudy Saucillo	Respond to of 2742

Chris, Why don't you give Naismith's new e-mail address a try? He's a board member and much closer to the company than the board members from the institutions. (And, of course, report back to this thread!) Rudy

To: Chris W. who wrote (1556)	11/3/1998 3:35:00 PM
From: Steve Harmon	Respond to of 2742

My question would be>>>Who are the market makers in Cistron's stock? The two officers won't buy shares in the open market because they have plenty of cheap options. Again they are covered>"enhanced" I agree with Walter on the two institutions. Not doing a share buyback at these levels is and has allowed Cistron to trade at bankruptcy levels for 2 years now... Ask yourself 2 questions. 1)Who would have benefited from a buyback? 2)Who or whom has benefited from NOT doing a buyback?