Paracelsian Inc (PRLN) Message Board

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Biotech / Medical : Paracelsian Inc (PRLN)

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To: Rick Costantino who wrote (2409)	4/17/1997 3:41:00 PM
From: JOHN F. MORGAN	of 4342

Rick: Many thanks for the response. As you can see I BELIEVE. The real question is timing. If the price stablizes here but doesnt go up for several months, then time value of money enters into the picture plus I have assumed a risk of further decline. If I owned this stock already I wouldn't necessarily check the stock price daily but would concentrate my attention on the progress of the company toward achieving the objectives of profitable commercialization of products. Rising stock prices will ultimately come as a result of these achieving these. Rising prices based on hype are short lived. The NASDAQ is littered with stocks that fit this category. If progress toward earnings doesn't follow hype, stocks tank. Then it takes much longer to make believers out of potential investors. John

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