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

To: Jonathan Schonsheck who wrote (3635)	5/19/1998 9:35:00 AM
From: paul goldstein	Respond to of 4342

JONATHAN, let me add my thanks for the great posting on the meting. AS TO ROBIN AND HIS QUESTION. / the price has to be one dollar and higher, have certain net worth, certain number of shares and the value of the shares must be a certain number.. we qualify on all but the stock price. i was informed as stated..we , meaning the company is aware of the problem and it will be settled easily by buyers<grin> of the stock.. so, i see the dollar price in the near future. of course any kind of decent news would get us there. so i look at volume and price to figure out what is happening. of course progess on any front, real progess, kind we could put our teeth into, would get us there. last desperate measure would be a reverse split which will not happen.. nor will delisting happen. good trading to all of us

To: Jonathan Schonsheck who wrote (3635)	5/19/1998 1:33:00 PM
From: John H. Farro	Respond to of 4342

Thanks Jonathan and Paul, I hope that Bernie Landes doesn't have to have an in-person meeting with NASDAQ, but I'm sure he will be able to make a strong case to keep the company listed if he does. In just a few months they have replaced the old Board with top notch new talent, cut down on legal fees by ending unnecessary litigation, cut down the burn rate and raised significant capital so the company's existence is probably assured for the rest of this year even if it doesn't make one sale, developed a new plan for using PRLN's assays for its BioFIT program, signed a letter of intent with Natures Way, vastly improved their Web site to make it an efficient tool to communicate with stockholders, and held a shareholders meeting. Of course, they can't guarantee success. They can't even guarantee that they will get a signed contract with Nature's Way. But they should have an easy time demonstrating that they are making a serious attempt to turn this into a profitable company. If they are given a chance to make their case before NASDAQ delists them then I think they have a very good chance of avoiding delisting. Robin Messing

To: Jonathan Schonsheck who wrote (3635)	5/19/1998 5:25:00 PM
From: Harold Stone	Read Replies (1) \| Respond to of 4342

Jonathan, Thank you for posting Bernie Landers remarks concerning delisting. If the company had to appear before NASDAQ for a verbal presentation on why they should not be delisted I'm not sure that it would be all bad since it would allow the presenters to elaborate and more fully state the company's progress and goals. It is my belief that NASDAQ can be quite flexible in enforcing its regulations. Jonathan I agree that NASDAQ does not see as its mission the crippling of companies on its exchange. I feel certain that if the rules were strictly enforced quite a few companies would not be trading on the NASDAQ tomorrow. IMO if NASDAQ is not careful they might be forcing the creation of the fourth market consisting entirely of companies that can't qualify for NASDAQ or have been delisted by NASDAQ. Have the confidence that things will work out. Keep the faith. Harold