PROGRAMMER'S PARADISE (PROG) Message Board

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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: Zeev Hed who wrote (1984)	12/30/1999 4:14:00 PM
From: Carl R.	Read Replies (1) of 2383

You mean it wasn't the turnip drive? <VBG> I was watching this morning and it started moving up fairly quickly on very low volume due to a total absence of sellers. I think it hit 6.5 on about 9000 shares and 7 on 15000 shares. Next thing I know it was probing 8 on 30,000 shares, then everything went crazy and the volume shot through the roof. My theory is that it showed up on some screens due to the large percentage increase and that daytraders started jumping on board around 8. That would also explain why the stock went up and then came back to just about the same point as they closed their positions. Looks like you took some off the table at their expense, Carl

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