Paracelsian Inc (PRLN) Message Board

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Biotech / Medical : Paracelsian Inc (PRLN)

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To: Hank who wrote (4181)	2/9/1999 7:30:00 AM
From: John H. Farro	Read Replies (2) of 4342

Hank, am I reading you right that you are a short term bear due to technical factors (i.e. the stock went up too far, too fast). Should this short selling (if it is indeed happening) be considered a long term reason to be bullish? The market makers will someday have to cover their shorts and buy back their stock. If we get another good news release or if there is a lot of mistake buying going on because of the Priceline IPO confusion, the market makers may have to cover their shorts sooner than anticipated and this could move the price up more quickly. Just wishfull thinking, I guess. Robin

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