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Biotech / Medical : Paracelsian Inc (PRLN)

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To: paul goldstein who wrote (2645)5/2/1997 11:02:00 AM
From: Hank   of 4342
 
Paul,

I don't know who's buying what or why but the high so far today is 1 3/32. I have two lots- one at 2 11/32 and one at 1 3/32. Since I'm tired of trying to second guess this stock and am on my way out the door for the weekend, I've placed a GTC sell order on my 1 3/32 lot for 1 1/2. That still leaves me with quite a few shares but for pyschological reasons, I think it would be good for me to take some profits on this company while I can. If your predictions are correct and the stock is about to take off, I can always get back in later. If it doesn't hit 1 1/2 by Monday, I'll reassess the situation when I get back Monday night if there's any news to assess. By the way, I wasn't recommending a law suit against PRLN. I think it would be a grave error at this point. I was merely pointing out the possibility of someone jumping the gun and trying to file one. Have a good weekend everyone!

Hank

PS- At least I didn't panic and bail at 9/16 like so many others did!
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