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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: Peter Dierks who wrote (2379)1/1/2005 1:06:19 PM
From: Zeev Hed  Read Replies (1) of 2383
 
Not buying here, but am looking at possibly selling, will wait and see if it can take out the high at $19, so far, the volume is still relatively light and the 3% dividend is putting a nice floor (we get another $.11 dividend next week). If it takes out $19 and just reduce the payout rate to a still "respectable" 1.75%, the price could go to $25...

I may change my tactics to "sell the new high and a small run" and buy back a $2 discount or so....

Zeev
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