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Biotech / Medical : Paracelsian Inc (PRLN)

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To: John H. Farro who wrote (904)11/17/1996 10:16:00 PM
From: paul goldstein   of 4342
 
another thought this eveniing. someone posted it, but, back to the stock from 8 bucks to one buck. the company had three groups, with x number in each group.. no one knew the others or from one group to the other. the deal was structured at the time with honest folks thinking.. the .80% of a three day average bid price was a good move at the tiem.. no one expected some one or group to figure out that by shorting the stock went down,, as it dropped the cost dropped to convertr. they thought they issued preferred bonds and got furious redmptions. now i bought it to their attention at the time and a startergy eas developed to stop it, but, getting rid of the preferred cutthroats was best for prln. we got rid of them and learned a bitter leason.
but i wll say for the prln management team, they tried they wanted the company to go foward., they had great products and no money.
also, no one wanted to give them any. i give them good grades for getting us to this stage
so folks i go way back with them, but develop my information on my own.. plus i got three richrds, a robin, now jusy to help out..grin..
beat of all, just remeber we got lots of fish in the fire or in the pan, or kettle.
i am most interested in the prostate products,,also, we got a product that prevents the lining of the blood vesel from shrinking after heart surgery for clogged arteries. if you think i will explain how it works and so forth..you are nuts as only think simple thoughts ..
laet thoughte.. the preferred was all converted.
dow chemical deal still cooking/england deal getting hotter
more products on the way..expect a full family of them
now if we only had more than 17 stockholders..grin.. o well, i dream of three so ican dream of four to dream of five, etc..dollars per share that is..
well, whats it to be monday..a push to 2.75 or a retreat to two bucks.
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