PROGRAMMER'S PARADISE (PROG) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : PROGRAMMER'S PARADISE (PROG)

PROG 0.146

+6.5%

Jun 13 5:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: joshi who wrote (16)	1/8/1999 11:07:00 PM
From: Crossy	Read Replies (2) of 2383

Joshi, first of all you confused sales with profits. As Zeev already pointed out they did more than $15 Sales per share for this quarter alone. E-biz sales are rather automated, so if e-biz boosts 490% this consumes less overhead. This should provide for future upward profit momentum. The banner-ads they sell etc. could make the web-site presence further cost-reduced. Their "specialty-stores" concept is a great-minded idea. I liked that company in the old days - where I used to get their catalog mailed to me here in Europe many times a year. Now with the web-sales-model, I do like them even more. Really, web-sales can be quite high-margin. Prerequisites are: fast server performance, semi- or almost-full automated model and a structured web-presence, where drill-down operations are augmented by search-tools with a marketing-twist. PROG qualifies for all this IMHO. Let's see where the momentum crowd drives our baby.. best regards CROSSY

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next