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Biotech / Medical : Paracelsian Inc (PRLN)

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To: Jonathan Schonsheck who wrote (4027)12/18/1998 12:49:00 PM
From: Hank  Read Replies (1) of 4342
 
Jonathan,

I certainly wouldn't say that PRLN is going down the tubes. They are doing everything that a company in their position could be doing to make a go of it as far as I can tell. However, this is not a great market for risking too much capital on penny stocks. I need to see a year or so of solid earnings growth combined with a re-listing on NASDAQ before I will consider putting any serious money into them again. I'm certainly watching and hoping but they're a long way from being a safe investment yet. But who knows, I may buy a thousand shares or so after the new year. At least I won't be risking too much capital!

Hank
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