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

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To: Peter H. Proctor who wrote (283)12/9/1997 6:41:00 PM
From: Vip  Read Replies (1) of 670
 
Dr. P: <What surprises me is that the M&A department of some drug company hasn't snatched this one up.> Actually, that is what concerns me. That it has not happened long ago. My question is this due to the fact that their products are not economically viable or is it due to an entrenched BOD and management hiding behind <a poison pill in place>?? :~<< no <G> at this juncture! I think it is fair to say that the company's management has failed to land significant partnerships to market their approved products and land research grants to continue with Phase III of Tricomin. The stockholders have been stiffed. To add: the Chairman is an insult to injury based upon his selling of shares through out this year.

Vip
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