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Biotech / Medical : Paracelsian Inc (PRLN)

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To: Richard Mazzarella who wrote (3424)12/14/1997 10:39:00 AM
From: Elllk  Read Replies (1) of 4342
 
Richard, I agree, its a very small investment for Travelers and there are possibilities. Bonnie Bear on the Mohan thread makes the point below. Perhaps China and India will want to buy back their libraries (and some PRLN technology? with them) or gain control of PRLN? Also Gabelli now loves and is talking up Neutraceuticals. Larry

<<China doesn't want U.S. multinationals, it wants Chinese multinationals. India can make pharmaceuticals for a hundreth the cost of Merck. Merck is frequently used in b-schools as a case study for a mature company with nowhere to go but down. But a long slow death.>>
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