Procept (PRCT): 50% rise on high volume. Why? Message Board

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Biotech / Medical : Procept (PRCT): 50% rise on high volume. Why?

PRCT 31.91

+1.9%

Nov 7 9:30 AM EST

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To: Douglas who wrote (198)	7/18/1997 12:50:00 PM
From: Douglas	of 455

Procept filed a 8-K on July 15, 1997. Procept is currently seeking stockholder approval of an amendment to its certificate of incorporation which would create "blank check" preferred stock. In addition to approval of the "blank check" preferred stock, the Company has agreed to seek all necessary stockholder approvals in connection with these transactions (including certain approvals which may be required to maintain the Company's listing on the Nasdaq National Market) prior to September 30, 1997.

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