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Biotech / Medical : Paracelsian Inc (PRLN)
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To: LEO RISHTY who wrote (3569)4/14/1998 3:34:00 PM
From: John H. Farro  Read Replies (1) of 4342
 
Leo,

I won't stick my neck out as far as you have by making any predictions about big announcements. This stock is still risky and I don't want to be guilty of hyping the stock. (Though I certainly am guilty of hoping the stock... as in I hope they have a big surprise for us at the stockholders meeting.) However, I certainly do have a good feeling for the intentions of current management.

I called the company this morning and asked to speak to Bernie Landes. He was in a meeting so I left a message on his voice mail. He called me back this afternoon. That's right. The President of the company called me back! Not every head of a company is willing to speak to a stockholder, much less call him back. I talked with him for about 15 minutes. I don't have any earth shaking news to report, but I did like his attitude. I found out that they are trying to do something with the Ah Immunoassay and they are not giving the lame excuse that Dow is tying their hands and preventing them from doing anything with it.

I can't promise success for this company. But I am impressed with Mr. Lande's attitude toward the stockholder. I think he really cares about us and is doing his best to work for us. I found this refreshing since not every company head thinks this way.

Robin
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