Paracelsian Inc (PRLN) Message Board

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Biotech / Medical : Paracelsian Inc (PRLN)

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To: richard davis who wrote (529)	9/23/1996 7:49:00 PM
From: John H. Farro	of 4342

Richard, This is just a guess, but it's been a while since we've had any real news about Paracelsian. Sure, we had news that Dr. Babish went to a conference, but so what? I think the market is waiting for news from either the compassionate use trial for the cancer drug or the Bastyr trial for the PN355. I suspect that the longer it takes for more real news to come out, the more the stock will drift down as people get frustrated in holding this stock for so long. If and when there is good news the stock will shoot up. Paracelsian is still a relatively unknown company with relatively few investors. I don't think any market analysts follow it closely. I see no reason why this stock's price movement should be highly correlated with that of other biotechs. It follows the beat of its own announcements. Robin

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