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


To: PeterR1700 who wrote (1790)12/9/1998 9:52:00 AM
From: Walter Morton  Read Replies (1) | Respond to of 2742
 
Well, I think CIST lacks the desire and ability to market its product and grow its company profitably. So, I have suggested that CIST grow, improve its marketing skills and profitability by using its cash to acquire a company that has the skills that CIST currently seems to lack.

HMGM seems to be a very good match relative to price: $12 in sales, profitable, growing, and only $.8125/share yesterday.

ENDG is too expensive.
BIOI is not profitable.



To: PeterR1700 who wrote (1790)12/9/1998 9:55:00 AM
From: Walter Morton  Read Replies (1) | Respond to of 2742
 
Damn, HMGN just went up to $1.00 on news:

biz.yahoo.com



To: PeterR1700 who wrote (1790)12/14/1998 2:06:00 PM
From: Walter Morton  Read Replies (1) | Respond to of 2742
 
The good thing about that merger is that there was no cash involved -- just an exchange of stock.