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

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To: Vip who wrote (96)5/8/1997 9:49:00 PM
From: wolfdog2   of 670
 
Nope. I haven't follow this stock at all. I heard Murphy's comments last night. He said essentially what I repeated in my last post that the stock's market capitalization was less than its cash. I invest in a lot of biotechs and I'm always interested in finding one that is a value play. For those of you who are interested, Scios is another such company. In the case of Scios it's not the value of its cash alone, butof its cash plus its holdings in Guilford and the value of its pharmaceutical sales arm. Scios also announced a partnership with Lilly yesterday to develope drugs for Alzheimer's disease, which is totally not reflected in the stock. It also has a drug for congestive heart failure in P3 (Natrecor) and another in P2 (Fiblast).
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