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Biotech / Medical : Paracelsian Inc (PRLN)
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To: richard davis who wrote (1403)1/26/1997 11:22:00 AM
From: Richard Mazzarella   of 4342
 
Richard, I think that the story was on NBC last night. No, I'm not back in this stock yet, the chart looks terrible. I may take a position again once I see a double bottom. However, the news report does add to my concern for taking any position in the near term. The failure of the cocktails will have everyone skeptical for any drug until the reports from patients come in. How can PRLN afford to conduct such a study? It's not pretty, I don't want to discourage you, but you have to consider that problem. IMO cured patients sell drugs, not hopeful conferences.
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