SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Proteon
PTON 7.460-0.1%Nov 12 3:59 PM EST
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: A Kabili who wrote (65)11/13/1996 12:53:00 PM
From: Sel Hy   of 512
 
Proteon has watched their quarterly revenues steadily drop over the
last few years from a high of over 30 mill to approximately 10 million
in their last quarter. The next quarter or two will probably be flat
since there really isn't any new earth shattering products. Announcements
alone do not raise valuations or revenues.

Given this fall from grace Proteon still is one of the only true strong
routing companies in the industry that have hundreds of man years in development
Proteon, cisco, 3Com and Wellfleet(BAY) all share that heritage and
difficult to acquire expertise. To this day, they probably have the
most reliable routing code in the industry. It is used by IBM, DEC and
Motorola to name a few. They codeveloped SNMP, OSPF and MOSPF.

Now the point. Give that management has watched sales decline and
can't see it ramp up signicantly in the next couple of quarters and that
they are starting to reduce their nest egg, their only possible course
of action is to leverage their strength in routers and look for a
possible suitor. This company is relatively old. Their board is old
and has been holding the stock much longer than any of us. I beleive
this was there last shot at making it work alone. They have great
products. It can't get much worse and they can probably get $6-7/sh in a
buyout. Something MUST give soon.

This of course is only my opinion as a hopeful, longterm, share holder.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News