Proteon Message Board - Msg: 2462907

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Technology Stocks : Proteon

PTON 7.660

+14.2%

Nov 7 9:30 AM EST

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To: Jay Rafati who wrote (376)	10/16/1997 11:27:00 AM
From: J. Liu	of 512

Jay, thank you very much for your response. I think $4-$4.5 target is quite reasonable from the way the buyers accumulated the stocks yestoday. I noticed that they pushed it to $3 from $2.5 and stayed there buying all day long. If the stock dosn't go up to say $4-$4.5 or higher, they'll have hard time getting out of it. Also it's about 20% profit from $2.5 to $3. they must believe it will go up at least another 20% I guess. I'll stay in and let the institutions push it higher. The stock definitely has more potential. Have a nice day Jian Liu

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