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Technology Stocks : Proteon

PTON 7.460

-0.1%

Nov 12 3:59 PM EST

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To: Brad Brubaker who wrote (28)	9/10/1996 2:30:00 PM
From: STEVE SAMEULS	of 512

no, i'm not sure how this translates into sales. i am worried about the amount of money they are spending, while sales slip. note the spending has been to market and sell inter and intra net connections via routers. should be a huge market or industry, but a lot of competition. PTON has good product and it's the cheapest. hopefully these kind of deals and international deals will continue? they are at about book value, therefore i expect things to turn around. i would guess this will take at least 3 qtrs. i think you will start to see large companies buy this kind of product to connect mainframes for instant, billing, order entry to their intranets. what do you think? we should to try to get from investor relations 1997-1998 budgeted financials?

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