Proteon Message Board - Msg: 3154087

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Technology Stocks : Proteon

PTON 7.125

+0.7%

Nov 5 3:59 PM EST

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To: Brad Brubaker who wrote (435)	1/13/1998 9:50:00 AM
From: Webb B Blackman Jr	of 512

Brad, We are holding the stock and the only thing that it is doing is slowly dropping in value. At the rate that it is going, it will be below $1.00 per share before any earnings are announced and certainly below $1.00 after the earnings are announced. I would have sold the stock a long time ago, but I have lost so much on it that the little that I would get from selling is just not worthwhile. The one thing that the current management has going for it is the fact that they will get a good salary no matter what the stock does. Maybe if they were paid in stock, they would look at things differently. I agree with you that we should hope for the best, since we have seen the worse for a long time. --- webb ---

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