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Conference nyoss1::market_investing

Title:Market Investing
Moderator:2155::michaud
Created:Thu Jan 23 1992
Last Modified:Thu Jun 05 1997
Last Successful Update:Fri Jun 06 1997
Number of topics:1060
Total number of notes:10477

827.0. "Proteon" by NOTAPC::FERNANDEZ () Tue Feb 07 1995 09:56

    
    	Any opinions on Proteon ? They seem to be turning around their
    	business in the last few quarters. How about their product
    	and market strategies ?
    
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827.1.02CSC32::J_MORTONO8-OO-2b || ! 2bFri Feb 10 1995 11:3314
    Per A.G. Edwards: 1/10/95 sees reduction in previously accrued
    restructuring charges of between .30 and .40 [per share]; Q4
    operating profit expected. ~.15/shr. Buy/Hold. 94 estimates:
    loss off .57-.76/shr. 95 estimate: profit of ~.76/shr.
    22% institutional holdings. Avg. daily volume ~400K.
    
    Looking at TC200: Nice turnaround from a low in August of 2.50 to
    8.13 in January of this year.
    
    As I type: 6.25, -5/8, vol. > 391K.
    
    fyi,
    
    /jimm
827.2NETRIX::michaudJeff Michaud, UC1Fri Feb 10 1995 11:4914
> As I type: 6.25, -5/8, vol. > 391K.

	i was going to buy it this morning when it was down a whole point
	but decided to wait :-(

Symbol        : PTON         Exchange    : NASDAQ
Description   : PROTEON INC                                  
Last Traded at: 6.500        Date/Time   : Feb 10 11:32:08
$ Change      : -0.375       % Change    : -5.45   

Volume        : 502700       # of Trades : 289      
Bid           : 6.375        Ask         : 6.750    
Day Low       : 5.750        Day High    : 7.125    
52 Week Low   : 2.125        52 Week High: 8.125    
827.3WSJ earnings reportMR2MI1::BMORRISONFri Feb 10 1995 13:137
    Take a look at the earnings. They are in today's WSJ in section C.
    
    With all those notes of explanation and numbers in parenthesis,
    I sure would wait a while longer. I guess I might be a little more
    conservative.