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Biotech / Medical : Procept (PRCT): 50% rise on high volume. Why?
PRCT 30.75-1.8%Nov 12 3:59 PM EST

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To: Gerald Thomas who wrote (65)4/3/1997 6:57:00 AM
From: Douglas   of 455
 
I called the Company-supposedly they will release the results very soon. I agree with you. The results couldn't have been real good. The comment in the 10-K only reaffirms that! I wouldn't be surprised if we see nothing. All emphasis seems to point to the gel. With low cash reserves they have no other option. Especially if no partners come forward. This Company has a very bad track record when it comes to public relations.
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