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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 (31)	9/14/1996 12:36:00 AM
From: Webb B Blackman Jr	of 512

Brad, I have heard nothing about Proteon. I just called their internet site and there were no new news releases there. My understanding was that it would be early next year before they were to get their act together and start earning money again. I was very happy to see the stock go up and especially with the higher than normal volume. The price crossed through the 39 day moving average that I use on my plots. Hopefully it will stay above the average for awhile. The real question that I have was who purchased the millions of shares last fall. Over 50% of the companies stock trades in less than a week, and not the first thing was said about the fact. --- webb ---

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