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Biotech / Medical : Paracelsian Inc (PRLN)
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To: Rick Costantino who wrote (2883)6/9/1997 12:08:00 PM
From: Hank   of 4342
 
Rick,

You do raise a good point. I think the FDA made their stance clear a long time ago. It wouldn't take them months to decide whether these products could be marketed as dietary supplements or not. Why has PRLN choosen to wait until now to reveal this? Good question. I almost bailed out when I read the release but then I said to myself "Something's not right about this". I don't like to follow the herd anyway, so I'll wait and see if another press release follows shortly. If it does, maybe we'll all luck out and it will be positive for a change. If not, maybe PRLN will rebound on a trading curve the way it did last time and I can at least cut back my position significantly at a better price. Either way, they are never going to make money without a product on the shelves. I'm praying for an alliance or a merger. It's their only chance.

Hank
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