PRCY - ANY BODY HAS ANY NEWS ON THESE Message Board

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

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To: Biomaven who wrote (131)	6/12/1997 12:19:00 PM
From: Peter H. Proctor	of 670

So, the implication is that the chairman is deliberately trying to depress the stock value. Maybe he wants to cause problems for the present management. Or perhaps he is trying to force a liquidation or something. When you count money in the bank, cash loss carry forewards, physical plant, etc. Procyte is worth a whole lot more than its present 16-20 million market capitalization. This does not even count the technology, FDA-approvals, etc. A while back, the directors put in a Poison pill to prevent a hostile takeover. I suppose they could remove it the same way <G>. Dr. P

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