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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 (2249)10/15/2000 6:37:02 AM
From: Carl R.  Read Replies (1) of 2383
 
Zeev, all that volume came as a big block transfer. 190,000 shares (4% of the company) transferred in a matter of seconds between 2 15/16 and 3. I thought you were the buyer.... LOL

In any case a single fund transfer is different than a bunch of retail interest, at least from my way of seeing things, and I don't expect the volume to continue next week. Nevertheless, since I had sold off a few shares above $3.50, I did choose Friday to buy a few shares back at 2 13/16, and I had offers to buy more at 2 3/4 and 2 11/16 that weren't filled. I'm not willing to pay above cash value for shares of this poorly run company, but I'm not above trying to make 1/2 point here since I believe it will see 3 5/16 again.

Carl
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