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: Rudy Saucillo who wrote (1655)	11/10/1998 3:49:00 PM
From: Walter Morton	Respond to of 2742

I got my CIST at what seemed like a decent price. I probably would not buy any more CIST stock, but if I where going to it would have to be at $.15.

To: Rudy Saucillo who wrote (1655)	11/10/1998 7:29:00 PM
From: Dr. John M. de Castro	Read Replies (2) \| Respond to of 2742

Rudy, PMC valued the shares at .58. So, if you assume that they are paying a little premium to market, it'd value CIST in the .45 to .55 range. But, as my market guru once told me, "Things are worth what somebody is willing to pay for them". It doesn't appear that anyone is willing to pay either your or my theoretical valuation. I disagree with "rkrw". IMHO having CIST listed on the bulletin board IS a significant problem in convincing anyone that they should pay the .45 to .7 values we're postulating or the 1.00 that Steve believes is right. John de C