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Technology Stocks : Proteon
PTON 7.605+2.2%2:17 PM EST
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To: timemizer who wrote (183)3/26/1997 5:08:00 PM
From: Jim Malone   of 512
 
My own guess right now is that the current quarter will be close to break even. Mr. Grillo did not come right out and say exacltly how the current quarter is going but I sensed that this quarter will not be a disaster. Mr Grillo said they hoped sales would increase in the future but from the tone of the conversation I sensed that they are on track to break even either this quarter or next. Mr Grillo said their break even point has been reduced with the restructuring. My own opinion is this will be a close to break even quarter. We will see.
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