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Biotech / Medical : Paracelsian Inc (PRLN)

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To: Richard Mazzarella who wrote (566)10/1/1996 11:57:00 AM
From: richard davis   of 4342
 
Hey Rich!

This is good news, but the news has done VERY LITTLE for the stock today. Its up 1/16, on less than 3,000 volume as of 11:00.

I wonder when we will hear more about those products to be marketed next year...

I will say this. I have always been concerned about the financial condition of PRLN, and this does appear to have really given them a shot in the arm. IMO, this is make or break time for Paracelsian.
The insitutional investors must have been sold on something to put the additional capital into the company.
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