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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: KellyW who wrote (5)1/8/1999 9:50:00 PM
From: Zeev Hed  Read Replies (2) of 2383
 
Kelly, you got to read between the lines, last quarter's revenue where something like $54 MM and profits were $.13/share. This quarter revenues are $72 MM and I estimate that profits will be between $.28 to $.30, and I assumed that between $.05 to $.07 are plowed back (so my normal quarterly is actually $.35) into the further development of internet sales.

I think that the most important thing is that they are going to use their distribution channels to sell additional products.

Zeev
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