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Biotech / Medical : Paracelsian Inc (PRLN)
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To: Hank who wrote (2230)3/27/1997 2:27:00 PM
From: Rick Costantino   of 4342
 
PRLNers, I agree about the point of "fear and greed". Another good point is that you should assess why you purchase a stock and be willing to sell that stock if that reason no longer exists or has been compromised.

I invested in PRLN because I liked the strength of their clinical programs and scientific discveries. It seems that much of this was linked to Babish, and now the clinical route has been pushed aside in favor of dietary supplement one. Therefore, I have decided to sell off 25% of my position at 1 1/2. This is not out of fear, just decided on the fact that my reason for invested is lessened. I will forget about the rest of my holdings until the end of the year. This is the first time I have ever sold any PRLN, and I have held on for over 1 year.

Speaking of fear, what will happen if the FDA does not allow AndroWhatever as a dietary supplement?

Rick
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