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Technology Stocks : Proteon
PTON 7.515+1.0%12:18 PM EST
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To: Jim Malone who wrote (190)3/31/1997 7:51:00 PM
From: Jim Malone   of 512
 
I am inclined to think maybe OpenROUTE/Proteon may be a better buy than Shiva right now. Both are losing money at the moment but Proteon is trading at a buck fifty which is almost half the book value. In my opinion this company stands a very good chance of increasing revenues and getting profitable soon. In the conversation I had with investor relations last week, the attitude was very aggresive, they did not hesitate at all to say they thought the company would be profitable by mid 97.
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