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Biotech / Medical : Paracelsian Inc (PRLN)

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To: JOHN F. MORGAN who wrote (2388)4/16/1997 6:15:00 PM
From: richard davis   of 4342
 
John:

Check out the sales projection figures. My concern is that with limited exposure in the markeplace (like just a few cities to begin with) that they will not meet their sales projections for the year. We need to make these projections since their is intial product cost/mareketing/the AIDS doctor, the PR firm, and a slew of other overhead associated with a new product rollout. Including the cost of Dr. Alberts.

Also, I think the East-West merger is stock only, so that won't be out of pocket.

Of course, we are saving money right now with the abscence of a CFO, and a Director of Research. I keep wondering how much cash is left of the $3 million we saw on the slides.

Still bleeding. Down 1/16 today. I wonder whats the new floor? Any guesses?

Rick D
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