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Biotech / Medical : Paracelsian Inc (PRLN)

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To: paul goldstein who wrote (3378)10/13/1997 10:56:00 PM
From: Hank   of 4342
 
Oh No!!! It's Paul!! I'm not sure if this is a bullish sign or a bearish one. Your crystal ball must be a bit cloudy these days where PRLN is concerned now that Rhodes is in cognito. But I'm sure in your heart you've forgiven him for all those nasty lies he told you. Or do you still believe he is a misunderstood good guy?

Yes, all buyers today. 50K plus at a whopping range of 3/8 to 7/16 constitutes less than $25,000 invested. Not exactly a convincing bet. Most likely it's speculators looking for another run to the 3/4 to $1 dollar level on another "positive" news release or perhaps anticipating a takeover bid. Don't count on either too soon. This baby is heading to bankruptcy court in a hurry. I wonder if Pinisi et al can handle it for them or are they just going to burn up all their cash suing everybody that comes to mind?

Hank
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