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Biotech / Medical : Paracelsian Inc (PRLN)

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To: Hank who wrote (3059)8/11/1997 10:08:00 PM
From: John H. Farro   of 4342
 
Hank,

You raise a valid point. It is possible that Babish is not totally innocent. But he has been pushing for a shareholder's meeting. I strongly suspect he will be there. As far as I can tell, he is not behaving like he has something to hide. I will leave it up to the court system to judge his innocence or guilt. However, the very fact that Rhodes has fought against the stockholder's having a meeting should tell you something. We have caught him in serious lies and ommissions of truth. I haven't seen any solid evidence yet to indicate that Babish is guilty. That evidence may yet turn up. But until it does I am willing to give him the benefit of the doubt. But there is plenty of evidence to indicate that Rhodes' attitude is "let's lie and screw the stockholder." I don't have proof that Rhodes had done what has been charged against him. But he sure is behaving like a man who is guilty of something.

Robin
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