Paracelsian Inc (PRLN) Message Board

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Biotech / Medical : Paracelsian Inc (PRLN)

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To: Rick Costantino who wrote (2953)	7/2/1997 9:29:00 PM
From: Hank	of 4342

Rick, I'm not so sure about the finality of this company anymore. I've checked the end of day stats on this once again and I'm seeing consistant block purchases in the 10,000 to 20,000 share range boardered by several 5000 share trades. All within a few hours. I watched PRLN today and almost no shares were traded until the afternoon. Then they all came at once. The technical parameters on my analysis software are showing an unmistakable bullish divergence. Normally, I would say it's just a dead cat bounce but the cat's been dead too long this time around for that to make sense. I don't put all my faith in technical analysis but I do know that more often than not buyers show up well in advance of news. I've seen it time and time again in other stocks I follow. Perhaps Rhodes does have a deal in the making and those in the know are accumulating shares little by little-but not so much as to set off alarms. I hope these signs continue. Perhaps then we'll see the announcement we've all been praying for. Preferably by the end of the month. Have a great weekend everyone! Hank

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