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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 (383)10/21/1997 12:58:00 PM
From: Webb B Blackman Jr  Read Replies (1) of 512
 
Jay,
I think that dropping the token ring line was one of the best things that Proteon could have done. I do not care how good the system might be, the majority of the people seem to want an ether net prodoct. It seems that most of the people who are running the company were here when I first purchased the stock over two years ago.

All they need to do now is to start earning some money. When they are losing money, the company could be worth $2 or $10. In both cases, the P/E is 0. It will only be a few more days and we will see if this is the quarter where they make a turn around.

What I would really like to see happen, is for Proteon to start taking over other companies. I would rather see this than for the company to disapper into a larger company.
--- webb ---
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