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Technology Stocks : Progress Software
PRGS 42.38+0.5%12:51 PM EST
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To: vinh pham who wrote (241)12/21/1998 2:42:00 PM
From: BostonView  Read Replies (1) of 296
 
Didn't one of (the few) brokerages following PRGS have a target of $36? I seem to recall reading that a while ago, so, it could be as simple as profit taking after reaching the goal. Volume isn't excessive either.

I'm watching PRGS closely, looks like the fundamentals are leading them into some explosive growth. $36 may look real cheap in a year.

BV
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