Paracelsian Inc (PRLN) Message Board

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Biotech / Medical : Paracelsian Inc (PRLN)

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To: Michael G who wrote (2919)	6/12/1997 8:48:00 PM
From: Hank	of 4342

Actually, the stock does have a hope of surviving. It's called a partnership with one of the big drug companies. That's what the new board members were recruited to accomplish. The question is- will Rhodes screw this one up too? There are plenty of biotech's out there that never made a dime but still trade in the $5-$15 range simply because they have alliances with major drug companies. If PRLN succeeds in doing this it will still be a hell of a long time before they turn a profit. However, such an alliance will easily push the price back into the $4-$5 range. The problem is that I have serious doubts as to whether or not Rhodes can accomplish this, regardless of who sits on the board. He is a complete idiot. On the other hand, if he succeeds, I will gladly sell at the $4-$5 range and move on.

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