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Biotech / Medical : Paracelsian Inc (PRLN)

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To: Elllk who wrote (1449)2/2/1997 5:16:00 PM
From: paul goldstein   of 4342
 
SEVEAL SUBJECTS TO MENTION THIS EVENING.
i all ready have the list of what i will discuss with
prln at the meeting. i do not need any from others.but, do
appreciate the effort to help me..
as to what they can and can not say to stockholders at
this conference..
they can say anything they wish and , folks, its
all legal.believe me, i did my homework on this
type of situation long time ago.. they release the
information to the attending folks and provide it to
the public press..such as dow, bloomberg, reuters..
now, the news services have no legal obligation to
issue this news. many times, they do not follow thru
on lots of companies press releases.so if it gets into
the press fine, private lines, fine..if no one cares to
pass it on, it is lost in the shade..
now we are not talking about insiders using information
and selling or benefitting from this information as that
is illegal..we are talking about expanding on public
information.. we are talking about responding to
stockholders, potential stockholders, and the
invited folks to legitimate questions..
no one sits with a lawyer and asks, can i respond?
lets not get carried away. as to the sec and the f.b.i.
and nasdq, i think they have more things to do then
concern themselves with public statements that
are made, in public.
just for conversation. if merril lynch is there..and they
hear something and tell two million of their public
customers..would you not say, that is the real world.
so if ten brokage houses are there, is that not enough?
why the sudden urge to have them pipeline it to your house?
can't their public relations outfit just issue a copy of
what is said at the meeting, put it on a 800 number and
let the whole world listen.
isn't that what the company said they would do?
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