Procept (PRCT): 50% rise on high volume. Why? Message Board

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Biotech / Medical : Procept (PRCT): 50% rise on high volume. Why?

PRCT 30.75

-1.8%

3:59 PM EST

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To: T. Mann who wrote (79)	4/7/1997 11:28:00 AM
From: Douglas	of 455

Thanks. I didn't see any mention on their homepage. The information is helpful. It seems curious that if the results were so positive in May 96 (to justify a 25% increase in stock prices) why is it taking a year to start their Phase I/II? Is this normal in the biotechnology stocks? Did GILD report any data on the market size (potential sales numbers)? It seems to me that Procept has made more rapid progress to date, unfortunately they have no cash to proceed.

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