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Biotech / Medical : Paracelsian Inc (PRLN)

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To: helkel who wrote (2484)4/20/1997 4:13:00 PM
From: richard davis   of 4342
 
Kelley:

Thanks again for the info.

It seems to me that if there were no FDA problems, Paracelsian would be ready to ship as East-West is handling production and distribution (my understanding). The FDA sure seems to be the reason for the delay.

Again, I think the company must be honest with everyone and let them know the situation. If they are only telling a few investors, then they could be in a difficult situation with the SEC. I also keep wondering what percipitated the decline on Friday. It was the biggest day that I can remember (even bigger than the business week article).

My bet is that if they can roll this thing out around Memorial day. PRLN may survive. If it is as late as the 4th of July, I think they may have trouble continuing as the cash will begin to dry up with no other source of revenue.

I loved SSB's analogy!!!!!!! Its vomit time!!!!

Rick
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