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

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To: Vip who wrote (84)4/26/1997 8:23:00 PM
From: Chris Nevil   of 670
 
VIP, with respect to your point about insider purchases, Karen Heddine
recently did tell me that in fact Jack Clifford was buying in the
open market. I believe, but don't hold me to it, that she cited
the figure 30,000 shares. But obviously at the volume and downside pressure
we've been seeing it obviously hasn't provided much support. I have
owned quite a few meltdowns in my time as an investor but I must
say I am astonished when I look at my portfolio and see a five
digit 43% hit on this one. Karen told me late in the week that they
are re-hiring their I.R. firm (was on hiatus, I guess) and really
planning to up the profile of the company on the Street a.s.a.p. -
sure hope so!

Chris
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