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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: Mark Ivan who wrote (2239)10/13/2000 5:10:06 PM
From: Zeev Hed  Read Replies (3) of 2383
 
Actually, I have some from around $7 (and these were "free shares", but I came back because the downside is limited by the book value (and if the European deal goes, by Cash as Carl so adroitly pointed out). I think that the next few months are going to be volatile, both on the upside and down side, so I am looking at some situations were there is real good growth not reflected in the PE, or BV to support the price. This one, unfortunately, is the latter (g). The timing today was not just the occasion of going under $3 (I have promises to keep....), but the fact that Wednesday, the turnips rang the bottom bell, an auspicious occasion, contributed to the timing as well. I do not expect a sudden big run here (no volume) but who knows, later in the year, probably after we suffer some Tax selling", we might have a nice double from here, do I dare hoping for $10.125 again, $15?, na,...

Zeev

Zeev
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