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Biotech / Medical : Paracelsian Inc (PRLN)

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To: Judy Muldawer who wrote (2777)5/14/1997 9:41:00 PM
From: John H. Farro   of 4342
 
Judy, first let me thank you for taking the initiative to call Jeff Goodman and reporting what they told you here. I'm not sure exactly what "Doing it right" means, though I doubt it is something as simple as making a catchy label. I would think it shouldn't take them more than a few weeks to hire a professional graphics designer and come up with a catchy label. This should not be the reason for a prolonged delay of a product that needs to hit the market for the company to survive. I am also doubtful that they can prove the product already works if they don't already know this. After all, they anounced in January 1996 that they were going to do a 6 month study of AndroVir on humans. They didn't get the results until December 1996. And that was when PRLN was fully staffed. Suppose they have doubts about AndroVir's effectiveness. Do you really think they can do anything in a few months with a skeleton crew to alleviate those doubts?

I hope you are making the right decision in holding onto your stock. I'm not telling you to sell. I have often been wrong in regards to what the stock price will do. There are times when I think the best advice I can give you is "Watch me. Then do the opposite." I'm just calling 'em as I see 'em and I don't want to be the cause of your making a bad trading decision.

Robin
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