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Technology Stocks : Proteon -- Ignore unavailable to you. Want to Upgrade?


To: Webb B Blackman Jr who wrote (470)2/12/1998 9:07:00 AM
From: Jack SunDevil  Read Replies (1) | Respond to of 512
 
Webb, I'm with you on this behavior.

I find it hard to believe that PTON would miss an earnings release date. That is the kind of irresponsible management that I would expect from $2M private company. I hope PTON realizes who really owns their company and that they have a responsibility to uphold the shareholders interest.

What do you think of the $5M Q4 revenue number? Sounds like a one time post on Yahoo, but it still makes me a little nervous. How this company could generate less than $2M/month via direct and OEM sales with the best price-performance router in the SOHO market is beyond me. If true, it's time to shed all management above the director level and start new. While they are at it, they should terminate the OEM relationships as well and find some that will sell rather than just warehouse their product.

I'm betting we see the numbers at 4:00-5:00pm EST today.

Jack-



To: Webb B Blackman Jr who wrote (470)2/12/1998 10:20:00 AM
From: Webb B Blackman Jr  Respond to of 512
 
Dear Webb:

Proteon will announce 4th quarter/year-end earnings on Thursday, Feb. 12,
after the close of the market at approximately 4:15 p.m. You can view the
news release on the PR Newswire or call us for a fax. The release is
expected to be posted on our web site on Friday (http://www.openroute.com).

Joe Grillo
Director of Investor Relations


I thought that everyone would want to read this.

--- webb ---