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Biotech / Medical : Paracelsian Inc (PRLN)
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To: paul goldstein who wrote (2797)5/19/1997 5:20:00 PM
From: richard davis   of 4342
 
Hey Paul!

We were wondering where you have been. Sure seems quiet around here.

Back to my questions:

Can you ask Paracelsian:

1. What was the cash balance of Paracelsian as of 3/31/97?

2. How much cash was expended during the first quarter of CY 1997?

3. When will a shareholder meeting be called?

Again, with your inside folks, you should be a ble to get this info relatively easy. It does not appear that those of us on the thread have been successful at getting this information from them.

I appreciate your getting the info. Once we get it, we can make assumptions as to spending rates and how long the cash will hold out.

Rick D
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