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Biotech / Medical : Procept (PRCT): 50% rise on high volume. Why?
PRCT 31.34+1.3%9:54 AM EST

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To: Gerald Thomas who wrote (162)5/8/1997 6:48:00 PM
From: Douglas   of 455
 
Good volume, but little price movement. I'm afraid all the good news won't mean much unless they obtain some cash. I see a big increase in stock price if they announce new financing. Too many people are selling on price increases(nervous).

I'm still positive on Procept. Let's hope the women tolerate the gel. The results should be out in June. June should be an interesting month(stockholders meeting). I plan to buy if they obtain additional financing.
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