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Biotech / Medical : Paracelsian Inc (PRLN)
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To: Hank who wrote (2946)7/1/1997 9:17:00 PM
From: Michael Yang   of 4342
 
Well, two weeks ago I tried to talk with management (Keith Rhodes). The standard practice there is to refer me to the public relation firm (in Boston?). I talked with the PR firm (Jeff something), but could only confirm that PRLN has only 11 people on the payroll now, down from 20 they had before. I was assured that Rhodes is working very hard in getting additional funding. In fact when I called the company, the secretary is busy preparing his trip. I guess Rhodes is indeed begging everywhere.

Clearly, I should have bailed out when Babish resigned. The indication is just too strong to ignore. Regarding Paul's posts, he is certainly right that no one should base buy decision on his posts. He could be a very smart short term trader, too. No matter what his intention is (besides I have difficulties to figure out cryptic messages), I think it is fair to leave him alone and research the company by ourself.
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