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Technology Stocks : Proteon
PTON 7.660+14.2%Nov 7 9:30 AM EST

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To: Sven H Khatri who wrote (302)6/27/1997 12:35:00 PM
From: Gerry Palo   of 512
 
>Any guess as to the reason for the recent PTON fall?
>Acc'd'g to Yahoo they have a book value of $2.28
>and $1.50 in cash and no debt...

Maybe they need to be spending more of that cash
and borrowing too, for marketing and r&d. What
is their r&d budget? This is not an industry where
you win by putting your cash under the matress.
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