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Biotech / Medical : Procept (PRCT): 50% rise on high volume. Why?
PRCT 30.93-3.1%Nov 10 3:59 PM EST

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To: Gerald Thomas who wrote (172)6/2/1997 12:51:00 PM
From: Douglas   of 455
 
This was a positive! Let's hope that we have another announcemnt soon concerning funding. Their well is going dry.

The market had a small reaction on the positive side, but a big move will come with a funding announcement. I think that most investors felt that the Phase I would be tolerated well.

Let's hope that Phase II begins in 1997.
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