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Biotech / Medical : PRCY - ANY BODY HAS ANY NEWS ON THESE -- Ignore unavailable to you. Want to Upgrade?

To: Coha who wrote (337)	3/31/1998 1:42:00 PM
From: Coha	Read Replies (1) \| Respond to of 670

Interesting volume/price move in the last few days, starting last Friday with the COB announcement. I guess I find it a little hard to believe we are seeing end of quarter accumulation by Fidelity Magellan or anything, but the qtr end may have something to do with it. Who knows. I will say I continue to anticipate what could be the first quarter of showing some real revenues here in a few weeks when they present their 1st qtr results. But the main catalyst seems to be the announcement of the new COB, which has sparked this little run. We all know what happened last spring as the COB at that time sold off shares systematically and painfully over a period of months. In fact it started about now and went right through the shareholder meeting in May and on after. It was not hard, IMO, to make the inference that something was seriously wrong with the relationships at the top. So the idea that we now could have a cohesive management group with a clear agreement on strategy goes a long way with me, and I imagine many other investors as well. Coha