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


To: Jules who wrote (1915)2/23/1999 2:35:00 PM
From: Steve Harmon  Read Replies (1) | Respond to of 2742
 
The extra cash from Techne puts CISTRON's total cash at 58 cent a share. Companies are paying 20-30% premium for cash. Cistron should get an absolute minimum of 80 cent a share when they sell for JUST their cash.

That gives the buyer the $30 million PMC deal for FREE.

Of course in the past whenever CIST gets more cash their stock price goes lower. Shareholders are DE-hanced!



To: Jules who wrote (1915)2/23/1999 4:40:00 PM
From: Rudy Saucillo  Read Replies (4) | Respond to of 2742
 
Nice deal for Techne. As I've said on this thread several times, I'm very impressed with the company.

BTW, CIST's business strategy and potential partner weren't hard to figure out.

See posts 1668 and 1692 for some early speculation.

Rudy



To: Jules who wrote (1915)6/1/1999 2:07:00 PM
From: Walter Morton  Read Replies (1) | Respond to of 2742
 
emedtrade.com