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Technology Stocks : Proteon
PTON 7.440-2.9%3:59 PM EST

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To: Bruce Evans who wrote (210)4/23/1997 3:58:00 PM
From: Jim Malone   of 512
 
I really don't know for sure what will happen tommorrow. It has been a long time since this company had some good news in the earnings area, but I do think that we will see costs reduced enough to at least tame any large losses. It has been a rough road investing in tech companies in the last six months, especially small tech companies like OpenROUTE/Proteon. I don't know what the downside is here, I thought it would be around 2 dollars per share since this company has a good balance sheet but networkers have been battered lately and I can't say that I know what the bottom is? I am hopeful about the future though and at this price if they do get some revenue and earnings growth out of their product line it could be a good mover.
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