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Biotech / Medical : Paracelsian Inc (PRLN)
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To: richard davis who wrote (631)10/13/1996 8:38:00 PM
From: John H. Farro   of 4342
 
Richard,

I am notoriously bad at predicting short-term moves in this stock. It looks like Richard M. was right and that we will probably not get many of those 15 press releases soon. I predict that the stock price will continue to drift down without any real news. This is pure speculation, but if there is any important news on the PN355 front I'm guessing that they will not release it until the November conference.

I don't know when they release there quarterly financials, but I doubt they will release the recently finished quarter's figures for a few months at least. Their fiscal year runs Oct - Sept. I don't remember seeing their financial reports for the last quarter of last year until February when I received their annual report.

Robin
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