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Biotech / Medical : Paracelsian Inc (PRLN)
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To: richard davis who wrote (3190)8/29/1997 7:33:00 PM
From: John H. Farro   of 4342
 
Rick, I have no idea how long PRLN will last with its cash reserves. I have no idea what its cash reserves are. Remember, the last report they released was unaudited, so no one was looking over their shoulders when they were preparing the books. To believe their numbers one must have faith in the integrity of the people who prepared them. There is only one small thing preventing me from believing their numbers. If Rhodes were Pinnochio we would have to sacrifice the entire Redwood National Forest to get enough wood for his nose.

Robin
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