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

To: John H. Farro who wrote (3608)	5/9/1998 2:39:00 PM
From: Hank	Respond to of 4342

Robin, You are correct that the current clinical data on AndroCar is insufficient to gain financial support from big pharma. That would require full scale clinical trials. I doubt any data was collected at all in the second trial because of lack of funds. Doing full scale clinical trials requires big bucks and the money from the secondary may not be enough for that unless the price can get a sustained boost back to the $2 level. It depends on how many new employees they may have to hire and what additional lab equipment they may have to purchase ( remember they supposedly sold some off last year to make ends meat). Even then, promising phase I and phase II trials may have to be completed first before big drug money is convinced they are worth investing in. In some cases, I have seen big drug companies withhold their financial support until phase III trials are completed. This puts a tremendous financial burden on PRLN to prove themselves and absolutely necessitates the generation of capital through other avenues such as the sale of herbal extracts as dietary supplements. I would be extremely surprised to see PRLN get funding from a big drug company any time within the next several years. Hank

To: John H. Farro who wrote (3608)	5/9/1998 6:38:00 PM
From: paul goldstein	Respond to of 4342

ROBIN, WE HAVE TWO VIEW POINTS GOING TO BAT AT ONCE.one, says ..lets see results..like financing, sales, product, etc.. the other says, watch the stock price..like, if we see a dollar next week..to me, indicates someone or group sees what i see.. if we stay under a buck, then we need reality if stock goes over a dollar, even with news, means someone or group sees something of value not saying we will see the dollar price..remember, i forget who, bought back in at the fifty cent range..i am sure many others did too. so, over a buck means profits to some.or, to me, it means wait or sell some at a profit and keep the losing shares. or, average it all out and still remain a loser<grin. aas to the stock price. for fun only. if we saw a move to the two dollar range it would mean they got someones interest. then, the financing deals or trials money would suddenly be available. will it happen? have to see a buck first to even speculate<grin> back to the two notes for the stockholder meeting. one starts out hindsight,etc.... the other is the press release on the results of the trials maybe someone will give a copy to management at the meeting next week not suggesting they will respond to it..just that they would then be aware of it..