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Biotech / Medical : Paracelsian Inc (PRLN)

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To: helkel who wrote (2445)4/18/1997 5:22:00 PM
From: richard davis   of 4342
 
Kelly:

Thanks for the research. It is well appreciated.

The hits keep coming. Someone is dumping, nd I wonder who? At this level it must be a biggie (Cornell????). I don't know.

I think its HORRIBLE news about the delay in rolling out AndroVir. I mean, how long have they told us its going to be May? Who has confidence in anything they say anymore?

I really thought we would hear some news today, but nothing. East-West is probably ready to give our $300K back.

The good side from your note is that it seems we have money to last us. But the longer it takes for AndroVir, the worse it will be to manage the company as they will run out of funds. I was expecting SOME revenues in may, June, and July. But now who knows?

It may be time for the company to respond to our questions via e-mail. Anyone want to volunteer to write an e-mail from us!

Rick D
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