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Biotech / Medical : Paracelsian Inc (PRLN)

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To: richard davis who wrote (2654)5/3/1997 12:36:00 AM
From: Regis McConnell   of 4342
 
Hey guys, go easy on Hank! People who sold at less than a buck a share talked themselves right into it. If you've ever worked, or do work, for small, start up ventures, then you understand how volital the 'political', 'technical', 'operational', & 'marketing' dynamics at work within startups can be; much like a theame park; some rides are fun, but others sure are scary! PRLN is trying to do what has not been done before, in a way that has not been tried before. You can expect delays & surprises, but this is just getting interesting. Does the stuff work & can we distribute through nontraditional channels? These questions remain to be answered, & all we have seen has been drama & subterfuge. People seem to have already 'read into' the situation the 'worst possible' scenaro. Some of the best investment advice I've heard has been, "it's the sitting that makes you serious money, not the doing". I believe the smart money would of 'doubled down' at .50, or as Paul stated, done nothing until more information is released. This is a 'tortise & hare race', & you had better know that PRLN is the tortise.
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