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Technology Stocks : Proteon

PTON 7.460

-0.1%

3:59 PM EST

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To: Webb B Blackman Jr who wrote (71)	11/18/1996 5:22:00 PM
From: timemizer	of 512

I have been following Proteon as an investor for about two years. The stock usually drops on Fridays. Proteon is not a heavily followed or traded stock. Traders and investors are usually in on news or regular trading Tuesday thru Thursday. Monday and Friday are usually low volume days and the stock usually drops. Proteon has had an up tempo over the past two weeks. The average trading volume has increased substantially. I haven't heard any business news what so ever since 10/24. The stock has gone up 20% on no news. You have to ask yourself, "Who's buying the stock". On 10/24 the Q3 losses were reported. The answer seems to be insiders. I think something is in the works. I have made money on the stock over the pass two years by buying and selling daily. I bought in heavily at 2 1/8 and haven't sold yet. I'm look for the big one and I think it's around the corner...

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