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Biotech / Medical : Paracelsian Inc (PRLN)
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To: richard davis who wrote (2619)5/1/1997 11:16:00 AM
From: Rick Costantino   of 4342
 
Richard,

My point is that if you would like to stay with PRLN as a long term investment, a reasonable course is to sell some off then buy back to get a lower basis and take ta tax loss. Of course, it will wash in the future (hopefully). If an investor losses faith in the fundamenals of the company, then completely washing ones hands of it is in order. I am not at that point (yet). I see little more downside here. I also still like the CLINICAL prospects of AndroCAr (and to a lesser extent AndroVir). WHo knows maybe within a year or so they will have a new leader committed to full clinical development. Then I will become optimisitic. For now, I will remain troubled, but wait it out ansd see what transpires, like some others are doing here.
This stock has surprised me on many occasions.

Rick C
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