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Biotech / Medical : Paracelsian Inc (PRLN)
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To: Harold Stone who wrote (3141)8/22/1997 8:01:00 PM
From: Hank   of 4342
 
Harold,

Thanks for the lesson on warrents. I figured they traded like stocks since they are quoted through the same servers. As you can tell, I don't do options. You know the old saying "Fool me once, shame on you. Fool me twice, shame on me."? I guess we can both claim foolishness here. I originally bought in at $3+, then sold for a loss. Then I bought in much heavier at 2 11/32. Then when the stock dropped again, I bought even more at 1 3/32. I truely hope both of us have learned our lesson. I wonder if the drop today was due to the proposed NASDAQ rule changes? Any stocks that sell for less than a $1 for more than 30 days are delisted unless they can rise above $1 for at least 10 days straight. Looks like we're heading for the bulletin board! Thank you KR!

Hank

PS- If you'd like to make back some of your loses, check out ADTN. Heavy buying for the last couple of weeks. I bought in a $31 and it hit $40 today. Could go back to the mid $60's if this keeps up.
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