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

+2.0%

3:59 PM EST

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To: Douglas who wrote (296)	11/17/1997 11:23:00 AM
From: Daniel Shaffer	Read Replies (1) of 455

Thanks for the Quarterly Report, Douglas! It looks like PRCTD has reduced its burn rate, but as you pointed out a while back, they've only got enough cash for another quarter. If they pull in some more private placement financing, I guess we have to consider that a good sign. What's annoying is that PRCTD has been around since 1985 and they still don't have a cash cow. Regards!

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