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Technology Stocks : Proteon
PTON 7.125+0.7%Nov 5 3:59 PM EST

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To: john rentchler who wrote ()12/23/1997 12:55:00 AM
From: mentz  Read Replies (2) of 512
 
oops! This is to anybody and everybody. In my opinion, and I want that understood, their cash position is hard to get a hold on. After reading over all of their news releases, earnings reports, and previous posts here, it seems that it isn't too much different than what was posted here before. My guess is that it is at 30% less of what it was last year at this time. I do not have my paper work with me at this time, but what I basically did was compare the earnings reports from last year's third quarter release and this year's earning release (October 23, 1997). If someone could do the same and do the math or has a better way of doing, please let me know (my math sucks, but I tried). By the way, Pton was up today...not bad for a bad December stock.

Mentz
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