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Biotech / Medical : Paracelsian Inc (PRLN)

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To: Hank who wrote (2538)4/24/1997 2:08:00 AM
From: paul goldstein   of 4342
 
larry, hank. yes they broke the bulls back.
we know it was stupid. they had it all.
all they had to do was sell a product and get started.
the pieces were all there.
funny thing is, they still are.
the company remains on its path.
the problem we have..who do we believe in the future?
i still don't understand what they are doing or plan to do.
so i think we wait till we see a new president and financial person.
then they tell us , hopefully, at what stage they are at in this maze.
i can't take a writeoff for taxes. would take too many
years to overcome.
so, i remain a stockholder.
won't be too many after this week.
as to where this leads, i have no idea.
but, i will be posting and trying to interpert what they are doing..
if the problem is they lost all momentum when babish and koch
left.thats correctable
if its the product and the clinical trials..thats a new ball game.
hope we see some light and some better direction soon.
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