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Biotech / Medical : Paracelsian Inc (PRLN)

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To: Jonathan Schonsheck who wrote (3421)12/12/1997 10:27:00 AM
From: Richard Mazzarella  Read Replies (1) of 4342
 
Jonathan, that is such a small percentage of Travelers investments that the loss in writing PRLN off doesn't do anything for them. I expected them to sell at $1. At the current low price, I suspect that they will wait it out. The company either moves forward or dies. If it dies they then write it off.
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