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Biotech / Medical : Paracelsian Inc (PRLN)

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To: Hank who wrote (2543)4/24/1997 8:27:00 PM
From: richard davis   of 4342
 
Fellow Friends:

A dose of Prozac would do me well right now.

I have been thinking about this whole mess since yesterday and I have come up with 2 thoughts:

1. Robin was right back in February when he said that there was something wrong with paracelsian, I mean, why would Babish sell his stock????? That was a MAJOR warning for us, and we all missed it.

2. Babish does not strike me as being devious and underhanded. I think Rhodes screwed the pooch on this one. He blew it. He destroyed the company and made Babish walk. Koch left cause he supported Babish.

The science is good, but the company will go bankrupt. They are complete idiots if they think they can roll out in September, and still have the cash.

No one in their right mind would be gainfully employed by Paracelsian at this point. They cannot hire good people, cause their IS no future to this company.

A lawsuit is no good. Can't get blood from a turnip.

I say we still meet in Ithaca and meet face to face with Rhodes and the board. I say we give them a taste of their own medicine (if they have any).

I am working on my last two predictions. One is when I believe the money will run out, and the other is.....

Rhodes is looking to sell the company. To anyone.

Rick Davis
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