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

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To: Vip who wrote (463)4/10/1999 10:41:00 AM
From: Susan Saline  Read Replies (1) of 670
 
>>> Unfortunately, the news did not give the stock price a
boost. I guess the market concern is draining cash
and getting delisted. FWIW. There has been no insider
buying since January 1999.<<<

recalled this post ... and wanted to reply

it would have been poor timing on their part to buy a stock that had a good possibility of being taken off the naz.

now we are past that, and officially a bb stock.

not the worst that could have happened.

we were very fortunate that the company was vehemently against a reverse split.

as those are the real killers of stock, that IMO, 99$ never recover.

so for that ... no reverse split ... we are fortunate

the stock price has NOT gone lower

and, as the last poster has said, they are starting to buy up their company shares

biz.yahoo.com

now, I don't expect any HOT jump in the stock anytime soon, but at least, now that the naz problem is over, we can acknowledge and move on

The company appears to be trying their best to keep up and in business, from what I have read of past press releases.

Thanks to Malcolm for the update on the "cheap investor"

sue
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