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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 (340)1/30/1998 4:29:00 PM
From: Douglas  Read Replies (1) | Respond to of 455
 
I noticed on the Yahoo site that someone mentioned that Procept in their restructuring had to layoff many employees. I guess that this is one way to cut your burn rate! The other way would be to lower executive salaries. Maybe the Board of Directors should be looking at new management or lower salaries. Especially for those who will not return a stockholder's telephone calls (last I knew, stock ownership means your an owner of the company). I guess Procept doesn't understand that concept. Anybody agree?