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Biotech / Medical : Paracelsian Inc (PRLN)

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To: richard davis who wrote (2659)5/5/1997 12:55:00 AM
From: Regis McConnell   of 4342
 
Rick, the shares of PRLN I own were purchase at 2+, so it wasn't me buying at .50, that said, I didn't sell either. I own only a few thousand shares so its not my major investment priority, it's speculative cash, invested becasue I believe, that the TCM/alternative approach is valid & desirable. Obviously PRLN is a highly speculative investment. We have delays & dissappointments, but 'IF' these products work, 'AND' we can distribute 'over the counter', 'THIS' co. is worth a tiddy bit more than it is curretnly valued at. Like the rest of PRLN shareholders I haven't 'enjoyed' this segway to -1, but I am not convinced that 1) the science doesn't work & or 2) we can't sell without going thru a lengthy FDA approval process. Until those are resolved I'm a small fish in the 'PRLN pond of education'.;-)
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