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Biotech / Medical : Paracelsian Inc (PRLN)

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To: Jonathan Schonsheck who wrote (3575)4/26/1998 1:26:00 PM
From: paul goldstein  Read Replies (1) of 4342
 
just for conversation..
the breakpout point would be 7/8 on the ask and 3/4 on the bid price.
that would indicate a move to one dollar. will it happen? no idea, except it would be nice if we see one dollar a share in next 14 trading days in time for the stockholder meeting.
stock needs some heavy volume and a move up to indicate support for the dollar level.
seems to be no selling pressure, yet, no reason for folks to buy.
they could release some of the progress they are making at the
meeting , or, before the meeting..
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