PROGRAMMER'S PARADISE (PROG) Message Board

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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 (85)	1/10/1999 1:04:00 PM
From: Andrew G.	Read Replies (1) of 2383

Zeev, I agree; it's moved up awfully fast but look at EBAY, UBID, AMZN, etc. I don't think we can honestly say that the appreciation of internet stocks is predicated on the same stochastics that have been taught for decades. When you are seeking ROI in internet stocks, throw the book out the window! Valuations are just a stepping stone, but visibility in the eye of the retail investor crowd is crucial. DRIV has deals with name brands like KMART and Walmart. PROG is best known by the 'geek' crowd of software specialists. Expanding their base of software will help in terms of visibility but may hinder in terms of margins and increased overhead expenses and inventory. I think the best thing they can do right now (from an investor's greedy standpoint) is to get the dang website up as soon as possible and start getting some deals worked out with big net names (ie MSFT, AOL, and retailers like WMT, KM, etc.)

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