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Biotech / Medical : Paracelsian Inc (PRLN)
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To: paul goldstein who wrote (3950)10/24/1998 1:01:00 PM
From: John H. Farro  Read Replies (1) of 4342
 
Paul and Leo,

If any stock shows that the market is inefficient in small stocks, PRLN does. I can't believe this stock is worth four times as much this week as last week. I think the company was grossly undervalued when it went under .25. I hope Hank got some stock when it was cheap. I wish I had bought some more back then.

I've got to think something is up. A week or two ago we were having days where less than 1000 shares were trading. I doubt the stock would go from such a low volume and price to such a high volume for no reason at all.

PRLN has some potential dark horses to pull out of its hat (My apologies to the MMPs-- the mixed metaphor police) Perhaps SRI will show one or more of its drug candidates is worthy of further development. Or perhaps there is a deal for the Ah Immunoassay in the offing. Or perhaps we might see a surprise from some other corner. I think this will be an interesting stock to watch over the next few weeks.

Robin
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