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: James Silverman who wrote (201)	7/19/1997 6:33:00 PM
From: Douglas	of 455

James, thanks. I won't ask you to go into any more details. I've been researching numerous companies associated with Paramount Capital. Some have lost, others are winners. Zonagen (ZONA) has shown strong price movement on the positive side. Paramount Capital helped obtain a private placement for this company. I noticed today that a recent investor in Procept, Mr. Michael Jesselson has made a significant investment in Genta. The 17 July 97 filing of the Schedule 13d for Genta mentions: Assuming the exercise of all Preferred Stock and Warrants held by the Trusts, the Reporting Persons may be deemed to beneficially own in the aggregate 1,113,829 shares of Common Stock, representing approximately 20.28% of the Common Stock outstanding. I hope the stock price goes up and you make some money. I'm tired of the rich getting richer!!

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