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Biotech / Medical : Paracelsian Inc (PRLN)

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To: Jonathan Schonsheck who wrote (2564)4/28/1997 6:59:00 PM
From: richard davis   of 4342
 
Jonathan:

First nice post.

Second, Rhodes has single handedly destroyed Paracelsian.

Third, I used to think babish could pull Paracelsian out of the fire, but the cold hard facts are:

The cash will run out before they get their act together.

Sorry, thats the cold hard facts. My bet is that Rhodes is shopping Paracelsian right now. They are too deep to try a product rollout.

Babish and Koch were not the greatest management tacticians, but I believed in what they were doing. I think they could have rolled out the products and made money. Rhodes, being the egotistical fiend that he is, dumped Babish and Koch, and now its too late. Everybody is jumping ship.

Someone call paracelsian and ask if Dr. Yip is going to stay? I say he will leavce in the next month.

The money??? It is all gone by September. Everything. With no revenue stream.

Jonathan, I hope your right and I hope their is a future. Unfortuantely, the "facts" don't support that conclusion.

Rick Davis
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