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Biotech / Medical : Paracelsian Inc (PRLN)

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To: Hank who wrote (3689)7/9/1998 5:07:00 PM
From: John H. Farro  Read Replies (3) of 4342
 
Good to see your still in PRLN, Hank. You've been pretty quiet lately. Of course, there hasn't been all that much to talk about until today, but it looks like it was worth the wait.

I don't want to get accused of hyping this stock. It is still risky since PRLN is pretty much dependent on only one company for their income. But it is a lot less risky today than it was yesterday. Paracelsian was under a death threat. . . the threat that time and money would run out before they made a deal. That threat is gone, or at least greatly reduced. If this news doesn't push the stock over $1 in the next few days, I don't know what will. I think we can kiss our worries over NASDAQ delisting goodbye.

And who knows? Maybe the stock price will go to $3 or $4 within the next 6 months. If that happens then they will be able to raise a significant amount of money through a stock offering. I'm sure there's lots of good research possibilities that would open up if they had a few million dollars in the bank.

Again, I don't want to hype this, but I can't resist an old cheer:

Go, PRLN Go!!!

And a new cheer:

Paracelsian Excelsior! PAREXCELSIOR!!!

Robin
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