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

To: Harold Stone who wrote (4189)	2/16/1999 11:10:00 AM
From: Jonathan Schonsheck	Read Replies (1) \| Respond to of 4342

Threaders - I love the entire press release. But the words "explosive appreciation in the Company's value" really get my sap flowing! Jonathan

To: Harold Stone who wrote (4189)	2/16/1999 6:16:00 PM
From: John H. Farro	Read Replies (1) \| Respond to of 4342

Threaders, I was at jury duty all day so I didn't see the news until just now. I like what I am seeing. Most of the reasons I like it are too obvious to be worth discussing. However, there are two things implied by the release that are worth spelling out. 1) Bernie Landes is confident enough in PRLN's working capital and cash flow situation that he believes he can afford to hire someone to take on the drug development full time. and 2) Dr. Gurtoo must feel sufficiently confident in PRLN's ability to maintain longterm viability that he is willing to drop his other activities and work for the company. I've watched the number of people working for this company contract under old management and expand under new management. Expansion is more fun! Jonathan, I liked the sentence you posted, but this also has me excited: "We believe that success in meeting these short-term goals will enable the Company to generate the capital necessary for becoming a recognizable player in the pharmaceutical and biotech industry," concluded Dr. Gurtoo. It will really be nice when I don't have to explain to everyone what Paracelsian is. I'd like to see it get the name recognition it deserves. Robin