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 30.42

-1.1%

Nov 13 3:59 PM EST

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To: John Crovelli who wrote (28)	9/10/1996 6:15:00 PM
From: Gerald Thomas	of 455

A couple of things.. I've owned this stock close to a year now and I'm waiting for the results of the trials like everyone else. But in the middle of July a "brief " was filed during the national aids conference and an article in a dow jones text file summarized that an initial trial of healthy (hiv negative) subjects was conducted to test the safety of the single injection protocal. evidently the protocal was well tollerated during that period (I dont have the exact words) and I'm assuming the length of the trial is because the second half was to test the effectiveness of the protocal. yesterday, the news was that the R&D is being cut by I believe 30% to concentrate on the current trials ;including finding sponsors for for the various drug candidates

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