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Biotech / Medical : Paracelsian Inc (PRLN)

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To: richard davis who wrote (2619)4/30/1997 9:22:00 PM
From: Harold Stone   of 4342
 
Rick,

Agree with much of what you say but haven't always reached the same conclusions. Yes the money could run out, no one can refute that, but if successful marketing of product can be started is it possible that other sources of capital can be found?

Concur with your thought that most of the buying is pure speculation, and why not? It wasn't that long ago that $4,000 would only buy 1000S, today the same $4'000 will buy almost 8000S. High risk investors could find it worth the risk, I've done similar speculation myself.

"Come September there may be nothing left.", its my hope after the next shareholders meeting that Keith Rhodes won't be left then maybe there will be something left come September.

Always enjoy your posts, they make me think and evaluate my own opinions.

Harold
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