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Biotech / Medical : Paracelsian Inc (PRLN)

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To: LEO RISHTY who wrote (3856)8/15/1998 12:31:00 PM
From: Harold Stone   of 4342
 
Leo,

You can be assured that I'm hanging tight. I can see nothing but good things ahead for the company. If they happen in the near term so much the better but if I have to wait I have no problem with patience.

The buyout in January created new horizons for Paracelsian, this company is going places and will do things that no one has thought of yet. Bernie Landes has been to the mountain top and probably likes the view, I feel certain that he also is trying to take Paracelsian to the peaks to enjoy the view.

I am completely confident that perhaps for the first time in the history of the company we have a management team that is concerned about "Shareholder Value".

I guess you can detect my enthusiasm. Not to be left unsaid, this is still a high risk company for investors although I think the risk lessens with each positive announcement. Management will probably not be perfect and will make mistakes as most developing companies do but I am willing to take the risk and some day see what it looks like from the mountain top. Perhaps, as Peter Lynch would say, see a "10 Bagger"

Hope you're right about short term news, I'll be waiting.

Harold
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