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Biotech / Medical : Paracelsian Inc (PRLN)

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To: Hank who wrote (2547)4/24/1997 10:47:00 PM
From: helkel   of 4342
 
Hank: how right you are about keeping emotions out of the investing field, that is one of the golden rules. On the travellers issue, i feel that they are pretty much out of this stock now. the volume friday and earlier this week tell me some big players were selling. I have cut back on my position, but will wait the rest out. On the lawsuit front, my experience has been that will do us no good (look at BICO and same type of story). More than likely it will only make a lawyer some $. Takeover probably only would occur at somewhere in price range we are at -->>>>what would they buy----->>> if product is so good, PRLN would race it to the market and with range of stock price in last year or two,it more than likely would have already happened. Anyway, just my thoughts.....go oil stocks (i bet Intel will be down tommorrow, and NE will be flat)...... Have a nice weekend everyone....
K
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