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Biotech / Medical : Procept (PRCT): 50% rise on high volume. Why? -- Ignore unavailable to you. Want to Upgrade?


To: Douglas who wrote (321)1/5/1998 1:15:00 PM
From: Daniel Shaffer  Read Replies (1) | Respond to of 455
 
Why are presumably good people joining this "doggy" company?

Hello, Douglas,

I bought PRCT last Spring when I learned they had recruited some top
notch researchers. Since then, the stock did nothing but drop and I
sold at a loss last month for tax reasons.

It seems like they continue to attract decent people, at least to their
Board. I wonder why? I've been toying with the idea of reinvesting
in PRCT after my 30 days, but I'm looking for signs of serious entre-
reneurship on the part of PRCT. Do you see any?

Thanks and Happy New Year!

Dan