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Technology Stocks : Progress Software
PRGS 42.27-1.4%3:59 PM EST
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To: Warren Vogel who wrote (46)12/9/1996 9:30:00 PM
From: Robert DeHaven   of 296
 
PRGS is paying the Co. insiders to forfeit stock Options.

This was disclosed in a filing with the SEC today 12/9
Basically the company is paying them for stock options
based on 12/96 performance.

I believe this cinches the deal. Why else would they
do this?

Shawn what do you think? Is this deal imminent?
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