Programmer's Paradise (PROG) Message Board

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Non-Tech : Programmer's Paradise (PROG)

PROG 0.146

+6.5%

Jun 13 5:00 PM EST

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To: Larry Brubaker who wrote (206)	1/8/1999 1:44:00 PM
From: Zeev Hed	Read Replies (1) of 235

I am sorry about that, but if PROG gets to be valued just half as richly as VLNC is valued, I would say you would do fine. I am waiting patiently for the first split at much higher prices, I am getting the same feeling I had when I was in IOMEGA, except that after more then a triple bagger there, I left another triple on the table. Let's hope that the internut mania catches up with this one. Right now, I doubt they actually derive more then 5% of all their sales from the web site, but they have established a sales channel and what is important is that they are filling this channel with a bunch of other products. I would say that within two years 50% of their sales will be from the web, and the profitability should be higher (as well as total volume). Zeev

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