Paracelsian Inc (PRLN) Message Board

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Biotech / Medical : Paracelsian Inc (PRLN)

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To: Hank who wrote (3174)	8/27/1997 10:20:00 AM
From: Harold Stone	of 4342

Hank, With small companies like PRLN I usually throw away the book on TA. On 8/5 the price was .65, yesterday 8/26 it hit a low of .38 before it turned around. Thats better than a 40% price drop in three weeks. I prefer using percentages since it seems to give a clearer picture. Even though it was only up .06 yesterday that's still 14%. Not too bad if you were day trading. I've read so much in this who did what scenerio recently I could be wrong but I don't think it was Babish. I think he is still restricted by the court from dealing in the stock, either buying or selling. If he is I doubt he would want to put himself in a contempt situation. The 1.3 million that Campbell and the unknown person are suppose to have doesn't seem to show up any place. If it is common stock it would have to be split so that neither share holder owned more than 5% and would not have to be registered with the SEC. Don't know who bought or sold yesterday but I'll bet the MM's didn't take them home last night. Maybe we'll see something from today's trading that will let us speculate more. Watch the trading after 2:00 PM. Keep the faith. Harold PS: Would like to know what investing software you are using. You can e-mail me if you prefer

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