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Biotech / Medical : Paracelsian Inc (PRLN)

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To: John H. Farro who wrote (3299)9/20/1997 3:18:00 PM
From: Hank   of 4342
 
Robin,

I'd have to agree with you there. It's obvious that Rhodes and the new guy (can't remember his name even though I'm Polish!) have been corresponding for some time. I'm sure that they will look for someone other than Babish. What makes me a little more optimistic is the fact that the new CEO is at least a scientist himself. He understands what needs to be done better than Rhodes ever could. Now, I'd like to see them get some additonal financing. If they can, I'll sleep easier with the idea of holding onto my shares for awhile longer. The only thing that frustrates me is that the company this new guy comes from is apparently not a publicly traded company, so I'm having difficulty digging up any info. on them. Since the new CEO founded this company, it would be nice to review what he acheived while he was there.

Hank
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