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

To: John H. Farro who wrote (4202)	2/22/1999 1:05:00 PM
From: Hayley	Read Replies (1) \| Respond to of 4342

Some interesting points. I've been following this stock for almost the entire three years - being long the entire time. Some interesting "rules" that I've created - and I wish I would follow more often: 1. Almost any given stock will vary by 50% during the course of a year. 2. The rule of "We already Own It". Stocks which one owns - one tends to know alot about. As it relates to rule 1 - if a stock price sinks below (or in many cases way below) your buy price - BUY MORE - If you believe in the stock - why don't you pursue your beliefs. I don't know how many times I've been sitting on a losing position only to watch the stock sink to a new low - then rebound - many times at a gain of 100%. If you lost money with stock position A. - why not make money with stock position B? 3. Bad news is stronger than good news. It seems that even a small item of bad news has always a much greater effect than good news. 4. Human nature is stronger than the above rules.