Paracelsian Inc (PRLN) Message Board

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Biotech / Medical : Paracelsian Inc (PRLN)

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To: Hank who wrote (3143)	8/24/1997 1:49:00 PM
From: Harold Stone	of 4342

Hank, > As you can tell I don't do options < The concept of futures, puts, calls and options I'm sure you could understand very quick. (The library is full of books on all these subjects) but that is where it stops. No matter how easy the ads and commercials make it seem it is not for the novice. If what I read is correct more people lose money in options than make it. It's been my feeling that there are too many forms of trading to be good in all of them. If you ever get tempted, trade on paper for 6 months to see how you do. > I originally bought at 3+ < My last trade prior to my one in July was at 3 7/8. The trade in July at .56 helped to average it down. Mistake or not it's a done deal and now I wait. I'm committed. > I truly hope that both of us have learned our lesson < I don't know that I have. I've made my mistakes in the past and will probably make more in the future. These mistakes were after what I had considered pretty thorough DD. Sometimes things happen that the small investor have no control over such as PRLN. > I wonder if the drop today was due to the proposed NASDAQ rule changes? < I somewhat doubt it since this news has been around for quite awhile and there wasn't any real reason for PRLN to react to it on Friday. > Thank you KR < Thank him for me too but don't forget to thank the Board. IMO they are are as responsible and liable as KR for letting him get away with it. Thanks for ADTN. Gave it a quick check and see it's had a nice run since July. Don't like chasing stocks. I think it could be ready for a dip from a little profit taking. Will check it out more and watch it close. Harold

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