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Biotech / Medical : Paracelsian Inc (PRLN)

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To: Harold Stone who wrote (3214)9/5/1997 4:33:00 PM
From: Hank   of 4342
 
Harold,

You've got that right. The way this going we'll see a few days with no shares traded. It would take so long to turn the value of my PRLN stock back into what I have invested it's not worth my selling either. We can only hope there are forces out there that believe in the value of PRLN's (potential) products and are scheming to bring this corpse back to life. We may still get lucky but that's all it will be is sheer luck.

By the way, there was an interesting article in IBD this morning about the FDA and how inefficient they are at approving drugs. The article went on to say that current reforms before congress don't leave much hope for true reform etc. etc. They also cited an example of a teenager that has to get the only drug that will help his epilepsy sent to him via mail order from Canada because it's not approved here. The drug has been approved for years in Canada and most of Europe. Personally, I think the FDA should be dismantled entirely. Think how well off both PRLN shareholders, AIDS, and cancer patients would be right now if they weren't around to ruin things.

Hank
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