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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: William T. Katz who wrote (213)1/8/1999 3:42:00 PM
From: Zeev Hed   of 235
 
William, welcome aboard, if you see any blemishes, please let us know. By the way, this one is yet far from being an internut one, but if Zapata can quadruple or so for announcing it intend to do the internut, then PROG is already in.

By the way, on my earning estimate of $.30 for this quarter. I should probably cut another few pennies to account for what seems to be strong resources allocation to the intenet at PROG. I would not be surprised (and actually quite happy) if they spent a good $.10 per share on their web above prior expenditures, that may cost us in the sort run about $.5 of my estimates getting us back down to about the $.28 level.

Zeev
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