Proteon Message Board - Msg: 1629705

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Technology Stocks : Proteon

PTON 7.660

+14.2%

Nov 7 9:30 AM EST

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To: Bruce Evans who wrote (297)	6/20/1997 2:15:00 PM
From: Jim Malone	of 512

Novell has tried to bundle routing capabilites into their software with minimal success. Microsoft will probably have better success but this does not mean low level router vendors are going to go out of business tommorrow. You are right in that with the restructuring that took place at the beginning of the year it is hard to imagine OpenROUTE/Proteon showing a huge loss and they have 20 million in cash. The price of the stock did drop before the end of last quarter and they actually reported some decent results. This really baffles me also, a expanded product line, some insider buying and yet we have a lot of bailing out today. I have no idea, I am going to hold on.

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