SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Biotech / Medical : Paracelsian Inc (PRLN)

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: John Lacelle who wrote (2328)4/13/1997 9:46:00 AM
From: John H. Farro   of 4342
 
John, paul just spun an interesting tale of company intrigue that explains Babish's, Koch's and Campbell's departure. I suspect this tale is based on educated guesses rather than knowledge of facts. Does paul's tail of intrigue ring true to you? Can you give us any more information about what is going on? It is a damn shame if this company is being destroyed by a bunch of oversized egos. I think it is extremely irresponsible of Rhodes to have forced out Babish and Koch without damn good reason, if that is indead what happened. After all, Babish was the one who brought him to the company in the first place and replacing someone like him on a permanant full time basis will not be easy, especially for a company in such a precarious position. Of course, Rhodes may have made himself impeachment proof by the shareholders. Even if all the shareholders could get together at a meeting and wanted to throw him out, who would they replace him with. Who would run the company? All I can say is that Rhode's must be very sure of his ability to turn the company around since he hasn't sold his shares yet.

Robin M.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext