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

To: Jonathan Schonsheck who wrote (3794)	7/30/1998 3:17:00 AM
From: paul goldstein	Respond to of 4342

add an additional possibility to the list....... overseas..our product shows signs of being effective and is noted by some group..right formula, different company then prln we apply to sell product as generic formula and generic usage and are allowed to sell product over here..

To: Jonathan Schonsheck who wrote (3794)	7/30/1998 8:45:00 AM
From: Hank	Read Replies (1) \| Respond to of 4342

I predict that the announcement of a world wide agreement will push PRLN over $2 within 2 weeks from the date of the announcement. Hank

To: Jonathan Schonsheck who wrote (3794)	7/30/1998 6:36:00 PM
From: John H. Farro	Respond to of 4342

Great contest, Jonathan! I'm not sure we've totally busted a buck yet, but let's due the deuce. There are some potentially ambiguous scenarios which we should clarify in deciding the rules. 1) Suppose the price hovers around $1 for a few weeks on the absence of news. Then one day there is a sudden explosion in purchases and the price breaks $2. A blockbuster news story is released the following day. Which story is responsible for doing the deuce? Is it the recent announcement of the "Petition to Make Special" or is it the story that is released after it breaks $2. It is possible that word of good news could leak out to some people before a news release, although that hasn't happened yet. 2) Same scenario as #1 except the price slowly climbs to 1 7/8 over the next 3 weeks. Then there is a burst of purchases and the stock closes over 2 1/2. The following day PRLN announces a blockbusting story. 3) Same scenario as #2 but the stock finally closes at 2 1/32. The following day PRLN announces a mildly encouraging story. It may be impossible to determine what event actually pushes PRLN over $2 due to potential news leakage. I offer this completely arbitrary rule to settle ambiguous situations: Let the most recently released story previous to the stock going over $2 be declared the winner. This may result in the stock going up over $2 after a month without news, followed immediately by a blockbuster. The old news story would be declared the winner rather than the new news story. Does this idea sound ok to everyone? Does anyone have a better idea? How do we determine when the $2 barrier is broken? What if it trades above $2 during the day and closes below $2. I propose that the stock must trade above $2 for the last trade of the day A $2 closing trade won't win, but a 2 1/32 closing trade will win. What happens if we have overlapping events. For example, what happens if Scherer and PRLN simultaneously announce a world wide deal and one person picks PRLN to announce it and another picks Scherer to announce it? I propose we call it a tie with two winners. (Of course, if the stock closes above $2 then we are all winners.) My suggestion for a prize? How about a copy of an old Peter Sellers movie: The Mouse That Roared.

To: Jonathan Schonsheck who wrote (3794)	7/30/1998 6:42:00 PM
From: John H. Farro	Respond to of 4342

Let me add a few more possible news stories that could push PRLN over $1. News of insider buying could inspire others to jump in. An out-of-court settlement of the one remaining lawsuit that has lingered from 1993. A major newpaper such as the Wall Street Journal or the New York Times carries a story on PRLN. It could be "none of the above". PRLN may release positive news from an event that none of us are aware of. Robin

To: Jonathan Schonsheck who wrote (3794)	7/31/1998 11:34:00 AM
From: Harold Stone	Read Replies (1) \| Respond to of 4342

Johnathan, I like the thought of a contest.Since you solicited the suggestions of the forum I have a couple of thoughts that might be considered. >I was thinking about the design of a contest called "Bustin' a Buck," wherein contestants - you - would predict the event that would propel PRLN past the $1.00 point. But that, as the saying goes, is history.< A 1.00 price is history; I don't think so. Unless some buying or good news comes along we could languish in this range until a good support range is established above 1.00. >So: I hereby announce a contest: "Doin' a Deuce." The contestants - you - are to predict what event will send the stock past the $2.00 mark.< Seems like a good price and yet reachable with in a reasonable period of time >I propose: predictions must be quite specific, and not vague ("the announcement of good news").< I agree, the more specific the better. >The decision of the Market is final.< Does this mean that it just has to break 2.00 at any time during the day or be the closing price for the day? Due to the volatility of small stocks how about if PRLN has to stay at 2.00 for 5 trading days in a row for a winner to be declared? >What, besides our admiration, can we offer to the winner?< How about an honorary title, i.e. "GURU OF THE PARACELSIAN FORUM" >Should the predictions have to include a date?< I think a date can be too confining to be a rule of the contest but could be submitted at the option of the contestant. What happens if the date passes and the event has not occurred can the contestant submit another prediction? SOME OTHER THOUGHTS A judging panel consisting of maybe three posters. One to be you and two others who you select whose decision would be final. The rules published at the start of the contest. A chart showing each persons prediction which could be updated as more participants join so that we could see each persons selection at a glance. Would also be very interesting to know how long each of the participants have followed PRLN, not how long they have had a stock position in the company. Enough for now. Hope I haven't just tried to make the contest more complicated than necessary.Think I might have duplicated some suggestions made by other posters. Sorry about that. Harold