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 -- Ignore unavailable to you. Want to Upgrade?


To: mentz who wrote (481)2/13/1998 12:46:00 PM
From: Richard N Lambert  Read Replies (1) | Respond to of 512
 
I have been following PTON and use to own stock for over seven years.
This company is almost dead. Revenues for one year are almost equal to some of its competitions in one month. The revenues have gone the wrong way for quarter after quarter and still the CEO is in charge.
Go watch the Titanic. See how the Captain goes down with his ship. The same for PTON unless there is major management change.

You expect that someone will buy this company. Talk on this thread years ago was that a company could come in when they had over $25M in cash and their market cap. was around $15M. Now all the cash is quickly going out the door. Someone interested in buying the software technology (which is all they have) only has to wait to the management
runs the company into the ground and buys it cheap.

Once again the shareholders will end up losing.