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Technology Stocks : PROGRAMMER'S PARADISE (PROG)
PROG 0.146+6.5%Jun 13 5:00 PM EST
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To: William B. Kohn who wrote (1959)12/30/1999 10:45:00 AM
From: Carl R.   of 2383
 
Well we seem to have run into some profit-taking here at 8.5 or so. I was wondering how high it would go before any shares appeared for sale.

So you never averaged down? I now have about 5 times as many shares as I did on the way down, so my basis is considerably reduced from where it started. I continued to believe in the company, so I continued to buy. Plus my original position was smaller than yours, though my current position is larger.

Carl
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