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


To: Rick Costantino who wrote (3552)4/8/1998 12:55:00 PM
From: John H. Farro  Read Replies (1) | Respond to of 4342
 
Hi Rick,

And Robin, as if it wasn't enough to point out my mistake once you had to do it three times.

Oops! Do I have egg on my face.

I seem to be having some software problems on my home computer. I tried posting several times here yesterday unsuccessfully from home. All I got was an error message saying "Netscape: Document contains no data." The messages never went through. I tried it twice again this morning before I went to work and I got the same message, so I posted a third time from my computer at work and the post went through. Somehow the first two posts went through without my knowing it as well. I feel like I just slipped on a banana peel while making my grand entrance. Has anyone else ever had this problem, and how do you make it go away? I use Windows 3.1 and Netscape 3.0 at home?

Robin



To: Rick Costantino who wrote (3552)4/8/1998 1:14:00 PM
From: John H. Farro  Read Replies (1) | Respond to of 4342
 
Rick,

You said:

. Of course, I point out that Paracelsian never mentions anything about the compassionate use trial on cancer in 1996, and I am sceptical about that and many of their other former press releases.

I can't say I blame you for your caution. The old management team had a strong record of not fulfilling their promises. But you should remember that Colin Campbell resigned last April because he had differences with the previous regime. In fact, he fought against them quite vigorously to try to make them more responsible to the shareholders. And since he failed to get them to fullfill their promises he somehow persuaded them to resign so an entirely new board could step in.

I am convinced that Colin Campbell has the highest integrity and that those he brought with them to serve on the board also are honest men. Does this guarantee the company will succeed? Of course not. This stock will be risky until the company gets some solid deals ensuring the reliable flow of income. But it does mean that this set of directors will be doing everything they can to make this company a success. I believe them when they say they are working to build shareholder value. They might not succeed, but for the first time in a long time I think the company has a fighting chance.

Robin