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Biotech / Medical : Paracelsian Inc (PRLN)
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To: richard davis who wrote (2754)5/12/1997 8:49:00 PM
From: Hank   of 4342
 
Rick & Everyone,

Yes, I heard back from Dr. Babish. Essentially, he abstained from answering many of my questions directly. Not surprising since he is probably still bound by confidentiality agreements. He did maintain that the science behind PRLN's products is first rate and that this area of medicine will be big in the future, citing Pharmanex's cholesterol lowering product as an example. He expressed his displeasure with the fact that PRLN has refused to schedule a shareholders meeting to answer everyones questions but said he is working hard to correct this problem. Finally, he stated that he too has lost a great deal of money on PRLN and feels the company is mismanaged. Clearly, he isn't very hapyy with Mr. Rhodes either. I'm afraid Rhodes still holds the upper hand and we are forced to continue to wait in ignorance until he sees fit to break the silence.

Hank
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