Paracelsian Inc (PRLN) Message Board

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Biotech / Medical : Paracelsian Inc (PRLN)

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To: chris labastill who wrote (1716)	2/13/1997 10:56:00 PM
From: Richard Mazzarella	of 4342

Chris, thank you so much for the report. It's nice to see the projections. $2.8MM first year profit with 11.7MM shares gives $0.24/share. A P/E of 38 would yield a $9 stock and that's just the beginning. Of course this could decreased with warrant conversion diluting the shares, but the conversions should pay the bill for future burn. I liked the conservative numbers presented. Do you agree with the numbers? The Dr. HIV expert added to the staff will add to the products credibility. This all sound pretty good to me, products at last!

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