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Biotech / Medical : Paracelsian Inc (PRLN)
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To: Elllk who wrote (4207)3/22/1999 10:09:00 PM
From: John H. Farro  Read Replies (1) of 4342
 
Ouch! Well, this is not really the news I was hoping to see. It is not good at all and I wouldn't be surprised to see the stock price take a hit in the short run. Short Run is the operational term here.

Let's remember to keep things in perspective. Remember, the BioFIT program and the AhImmunoassay are the meat and potatoes of this company and the drug development part of the company is just the icing on the case. I still expect to see solid steady growth with the remaining programs, but it looks like the potentially explosive growth of the comapany will be delayed a while. Again, not good news, but hardly fatal.

Robin

I expect a drop tomorrow, but we I think we will fully recover by the time BioFIT products hit the market. Of course, I should remind people to take what I say with a grain of salt because I have an abysmal record when it comes to predicting the stock price of this company.

Robin
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