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

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To: Joseph Ziebarth who wrote (45)4/2/1997 6:19:00 PM
From: Vip   of 670
 
I don't know that Procyte has the research that Amgen would be interested in but that does not mean that there are not other companies that would aleast want their FDA cleared products and patents. This company is obviously being miss-managed. I suspect this continued price drop is signalling that Procyte is going to have to issue more stock to support its "cash burning rate". I think the company should have formed alliances with a major drug company to market their products. I have read of no drug companies expressing an interest in Procyte. Not good! If you find the time to make a road trip to the Procyte site to validate its existence then please post your findings.

Drifting Lower,

Vip
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