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

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To: Phillipa who wrote (274)12/4/1997 11:30:00 AM
From: D.Lu  Read Replies (1) of 670
 
You seem to be in the same boat as a lot of others who bought at higher prices. New management seems geared toward sales. Peter H. Proctor, a dermotologist, has offered valuable clinical insights about the efficacy of Procyte's wound dressing and healing products. Can the management get the products out the door? The results are not in yet.

Trading at near book value, at worst Procyte can just piss away to nothing. Since they still have revenues from contract manufacturing, that may take some time. Management talks of partnering out R & D, but I've seen no announcement of any deals. May you make the right decision!
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