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Biotech / Medical : Paracelsian Inc (PRLN)

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To: Rick Costantino who wrote (327)8/26/1996 12:24:00 PM
From: Richard Mazzarella   of 4342
 
Rick, I think they expire in 97. They will be extended I am sure because management owns so many. Check EDGAR or the investor package for the details on warrents. I would be typing all afternoon otherwise. The problem with buying warrents is that the bas..rd MMs keep such a wide bid/ask. If you keep your eyes open, there are times that they want to shift their inventory and you can pick them up at a differential of 1/4 or less. Why do you have a broker anyway? Check out AccuTrade (they trade on the web) $0.02/share + $28. Limit orders and all other good stuff. They charge more that E*Trade for market orders, but I never make a market order for NASDAQ (it's like opening your wallet for the MM bas..rds).
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