Proteon Message Board - Msg: 1299131

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Technology Stocks : Proteon

PTON 7.440

-2.9%

3:59 PM EST

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To: Webb B Blackman Jr who wrote (227)	4/30/1997 10:22:00 AM
From: Jim Malone	of 512

I don't have any new information right now. I think that it will take some patience with this stock and as with any other stock, anything can happen. I am optimistic though on product revenue, it was known that the licensing revenue would be decreasing and management has gotten the company in postion to break even at less than the 10 million dollar revenue point. Going forward they need to continue to increase product revenue and hopefully they have enought talent in house to make do on the research and development budget. I have a feeling the stock will be back in the 5 to 6 dollar range this summer, that is my opinion, we will see.

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