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Biotech / Medical : Paracelsian Inc (PRLN)

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To: Jonathan Schonsheck who wrote (4243)5/25/1999 10:21:00 PM
From: Jonathan Schonsheck   of 4342
 
One point that I believe is underappreciated by the market - and perhaps some stockholders: the three main business "units" are independent. If the BioFIT Certification program is slowed by unforeseen events, that will have no impact on the marketing of the Ah-Immunoassay, or Drug Discovery. But if it rolls out as intended, the revenues can be used to enhance the other two programs (as well as BioFIT itself). If Kubota drags its feet, that doesn't slow BioFIT or Drug Discovery - but if it rolls out as intended, the revenues can be devoted to BioFIT and DD as well. A "home run" in DD can support the other two initiatives; the need for additional research in DD won't be a problem for Kubota, or for Scherer/BioFIT. The consequence: a Company with strength, as well as potential.

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