Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Biotech / Medical : Paracelsian Inc (PRLN) -- Ignore unavailable to you. Want to Upgrade?

To: Rick Costantino who wrote (3385)	10/22/1997 11:55:00 AM
From: Hank	Respond to of 4342

It's pretty tough to do research when you don't have anybody working in the labs anymore. As far as I know, they've laid off just about all of their scientists.

To: Rick Costantino who wrote (3385)	10/22/1997 11:56:00 AM
From: Elllk	Read Replies (1) \| Respond to of 4342

Right Rick C, we have gone against both caveat emptor and caveat poster to be here. I think we need a new pre-occupation while waiting for news or developments from PRLN which may be something like waiting for Godot. So here goes: Lawyer falls off a cruise ship into an ocean swirling with shark. They immediately surround him, carry him to shore and toss him up on beach. Reason: Professional courtesy. Lets here 'em. Larry

To: Rick Costantino who wrote (3385)	10/24/1997 6:21:00 PM
From: helkel	Read Replies (1) \| Respond to of 4342

this one is a dog with fleas, i said it a long time ago....i also can get a quote, but it doesn't appear in the paper (i assume due to low volume) also, aren't they due for quarterly eps report soon...???? hk

To: Rick Costantino who wrote (3385)	11/1/1997 2:22:00 PM
From: John Lacelle	Read Replies (3) \| Respond to of 4342

Rick, I am sorry about the situation with me spreading rumours. I had just picked up a PRLN quote from "YAHOO!" quotes and it said the ASK=0, and that the last trade was 0. I thought this meant that the NASDAQ had delisted them. Anyway, as for my understanding, I thought that the NASDAQ was going to start delisting any company that didn't trade over $1.00 per share for a month. Somebody correct me if I am wrong, but Paracelsian Inc falls into this new situation. Anyway, I don't (unlike some others on this newsgroup) believe there was anything sinister about the PRLN boards behaviour, or their basic business strategy. This company has fallen victim to the most common killer of companies, ie; undercapitalization. I liked their screening methodology, their aggressive marketing, and they certainly win some awards for trying to create products that are beneficial to the human race. Its not like they manufacture biological weapons. As for us investors, we must all admit that it was greed that brought us to Paracelsian's door with our hard earned cash. After all, would any of not agree that this company was a long shot? If we really want safety for our principal investment, I suggest that anyone interested in drug companies to invest in the J 'n J's, Pfizers, and Mercks of the world. Hugh market caps, massive R and D budgets, and all the other things that make a stable company grow. You won't get rich quick, but patience will pay off. One last note, if there are lawyers representing Paracelsian here on this board, I hope they realize that the hopes and dreams of people often go up in smoke with these small-cap companies, and that they may at times become bitter and say things they regret later. Not to take it personally. I still actually hold my original position of PRLN and hold an outside hope that they can find a way to stay alive and continue the testing of what I believe may be promising theraputic drugs, but have also no hard feelings toward the company because, I do believe they tried their best under what are very difficult conditions to bring drugs to the marketplace in the 1990's. Ciao, -John ps I wish everyone the best in the future...may we find a silver lining in a cloud somewhere...