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: GBT who wrote (2046)	1/18/2000 10:03:00 PM
From: Carl R.	Read Replies (2) of 2383

275% increase implies an excellent 4th quarter, actually even better than my most optimistic forecast. Unfortunately I have a data gap and I'm not clear what internet sales were last year. I have 2 alternate numbers, one being 4.51, and the other being 5.0. That implies sales of either $16.9 million or $18.75 million in for the year. It also implies sales of either $8.5 million or $10.3 million for Q4. I apologize for this number, but the data in the 10Qs has been insufficient to make an accurate determination. I believe that the lower number is correct, and I am hopeful that this next 10Q will enable me to complete my data. Most importantly, with either scenario, internet sales were up over the prior year by 266% in the 4th quarter, so the rate of increase is not slowing appreciably. Note that PROG's internet growth rate compares very favorably to the competition. In my opinion, this press release is very bullish. It was released mid-day, and I'm surprised that the market didn't react more positively. Carl

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