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Biotech / Medical : Paracelsian Inc (PRLN)

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To: richard davis who wrote (2337)4/12/1997 12:50:00 PM
From: paul goldstein   of 4342
 
richard, for converstion only. different folks, different thoughts.
the way it plays in real life..
babish and koch decided last year to push out keith for their
own reasons, ,,what ever they were..they range from greed to
professional differences in thinking. very simple, happens at
every company at every level. someone stabs their boss in the
back.. for any reason from the bath room key, to perks, for
their job..perceived or real.
okay? now keith owned a lot of shares. was president and chairman.
so they managered to get the board to vote to oust him from the
presidentcy. normally, he would give up chairman too, but, they
could not pressure him or embaress him to do it on his own.
at some point keiith influenced some members of the board to change
their votes, for what ever reason..not inportant for you all to know
why they changed. they just did.
so babish was forced out and decided to cash in on his shares
immediately as its big bucks to him. as a kicker, he gets to get
another appointment at some other company on his own.
also, he kept his warrents so that if prln does well in 18 months,
he will make out like a bandit.
now koch was involved in this play real deep.."heavy boots" involved.
so keith will reward his frieneds and what do you think he informed
his enemies?
so what happened to the board member that left/ he also was on
the list of keith..may be another one or two yet to go.
so the travellers and keith are the two largest stockholders.
what is the desire of travellers. lets think about that..
i beliee its to make the investment pay off. so i voted with
buying shares and more of them.
keith? a desire to prove he is correct and his last "harrah"..
so they will hire some professionals and say to them.. go play
and run this company like professionals. they will too.
will they tell you all this? nope. me, of course i do.
more///
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