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Biotech / Medical : Paracelsian Inc (PRLN)

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To: Rick Costantino who wrote (320)8/25/1996 8:22:00 AM
From: Harvey Allen   of 4342
 
Rick, I think the discrepancy is due to NASDAQ using the shares
outstanding at the end of the last fiscal year which is 9/30/95.

Actual shares outstanding according to the companies last report:

There were 11,053,415 shares of Common Stock and 2,042,870 Redeemable
Common Stock Purchase Warrants outstanding at August 6, 1996.


Actual shares outstanding according to the companies previous report:

There were 10,132,215 shares of Common Stock and 2,042,870 Redeemable
Common Stock Purchase Warrants outstanding at April 26, 1996.


Somewhere back I saw the conversion price on PRLNW and thought about
that too. Can't find it now.

Harvey
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