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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: Zeev Hed who wrote (29)1/10/1999 7:52:00 AM
From: Crossy  Read Replies (1) of 2383
 
Zeev,
PROGs valuation is so low (current PSR of 0.25) that a standard valuation that should come with visibility, coverage, a bunch of internet-centered press releases and some CNBC mentioning could really propell this one to $100. Look where MZON was before it was discovered. This one is profitable, also.

So a rational ultimate target is $100. Finding disparities in valuation of sympathy plays can be a great source of investment profits. Anyway, I won't say that PSR of 2 is anything else but conservative for an e-biz play..

best regards
CROSSY
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