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Biotech / Medical : Paracelsian Inc (PRLN)

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To: richard davis who wrote (2546)4/24/1997 8:53:00 PM
From: Hank   of 4342
 
Rick,

I'd welcome a takeover at this point. Maybe I'd even break even on one. The question is- who will want to buy? Certainly not a big drug company. Dietary supplements aren't their bag and there's not enough clincal data to support further development into a prescription pharmaceutical. However, I would like to meet these a-holes face to face and I'd still like to sue them. We may not make any money but maybe we can drive Rhodes into bankruptcy. It would make my loss seem worthwhile. If Rhodes is looking to sell and Travelers is still holding stock, at least we can hope for a good buy out price. I'm sure Travelers would see to that.

We missed the warnings (or at least I did) because I let my emotions control my investment decisions. It goes both ways with emotions. Fear makes you sell too fast and love (or is it greed?) makes you stay long when you should sell. Fundamentally, there has NEVER been a good reason to own this stock, even when it was doing well. They never made a dime. Not even close. It's all been smoke and mirrors.

Hank
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