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Biotech / Medical : Paracelsian Inc (PRLN)

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To: Elllk who wrote (3800)7/30/1998 10:06:00 PM
From: John H. Farro  Read Replies (1) of 4342
 
Larry, I don't know if this past month is indicative of what we should expect in the future, but PRLN has been issuing a news release every few days. It's getting to the point where I am almost anticipating some sort of announcement any day. That being the case, how will we know if you've won. If everyone is always anticipating that something is around the corner, then whenever it climbs above $2 it will be in anticpation that something is about to happen. I mean, it's possible that PRLN could release a story that they've got a great world-wide deal with Scherer and the price could go over $2, but you could argue that it's not the Scherer deal that is pushing it over 2 but the anticipation of some still forthcoming news, say a deal on the Ah ImmunoAssay. I'm not sure how to get around this problem (though believe me, I am not going to lose any sleep on this if it goes over $2--no matter who is declared the contest winner. There are some problems I just don't mind having. :-) )

Robin
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