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


To: Dr. John M. de Castro who wrote (1891)2/7/1999 10:44:00 PM
From: Walter Morton  Read Replies (2) | Respond to of 2742
 
Genomes contract is over in April and HMGN is too price for CIST to buy now. CIST has a board member that does the same thing that Genome does.



To: Dr. John M. de Castro who wrote (1891)2/8/1999 2:07:00 PM
From: Steve Harmon  Respond to of 2742
 
$1,000,000 equals what the 2 managers left at Cistron have been paid since the IMNX settlement.

$1,000,000 equals a 4 million share buyback in the open market. Shareholders value is "increased"...

Who has been "enhanced"?




To: Dr. John M. de Castro who wrote (1891)4/11/1999 11:07:00 PM
From: Steve Harmon  Read Replies (2) | Respond to of 2742
 
I betcha that NTII would pay Cistron a minimum of .70 a share for Cistron's $13-14 million cash hoard tomorrow morning over breakfast.

What is your hypothesis on why Cistron's bid is anchored at 20 pennies a share?