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Biotech / Medical : Paracelsian Inc (PRLN)

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To: paul goldstein who wrote (2403)4/17/1997 1:31:00 PM
From: JOHN F. MORGAN   of 4342
 
Paul:
This is the type of objective post needed. I agree except that I don't own yet but have a great interest in this company. I am in same type boat as shareholders except with other companies. Tremendous potential
but I bought the story, stock now is down by 75% and likelyhood of success now is 100 times what it was when I bought. New concept in rotary engine, Power to weight projected greater than 1 BHP per pound, Diesel where Wankel couldnt develop compression ratios to run diesel. Because of configuration and ability to change combustion chamber, much lower emissions. Applicable to all forms of compression devices ie. medical pumps, air conditioning compressors much smaller than those which will replace. In short any Otto or Carnot cycle, lighter weight, more efficient, less friction.
I blame me for buying the story too soon. They have all of these devices partially through testing with very promising results and the stock is at all time lows. This is the way stock prices work in evolving companies. Sell; not on your life.
John
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