PRCY - ANY BODY HAS ANY NEWS ON THESE Message Board

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Biotech / Medical : PRCY - ANY BODY HAS ANY NEWS ON THESE

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To: Vip who wrote (42)	4/2/1997 12:36:00 PM
From: Joseph Ziebarth	of 670

Vip ... good idea to visit. I did set up a visit back in Feb or so but the honey-do's cut that out of my time line. When PRCY was a research operation I used to get stuff all the time from friends and other sources in the trade. Now that the company has been revised and trying to do the productive thing I don't know anyone who is cutting across their path. My graph of their Expenditures compared to the Income is really a strange looking beast. The clue to why this one didn't fly is that there has not been a push to take over the company ... either by friendy or forced stock manipulations. I would have bet that AMGEN would have put in a bid last year for a stock only trade. Pulling back into smaller facilities, taking on outside production contracts, and not getting large research grants all say take my 50% losses but I just "feel" this company has the right idea's. Anyway, it seems to be bottomed for several months and I can hope it will fly by fall. Not a good way to invest ... one amateur to another.

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