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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 (146)1/11/1999 8:24:00 AM
From: Greg Burton  Read Replies (2) of 2383
 
Zeev: You were kind enough to answer my questions about two years ago on the HEC thread from whence I have followed you here. It seems that the only visible threats to PROG are (1)market or sector crash or (2)these shrinking margins. Query: how seriously do you take this pattern in margins? After all, did not Egghead withdraw from conventional marketing because of this problem? Will not Prog be viewed as moving to E-Marketing because they too see the handwriting on the wall? Is there any E.Marketeer who has sucessfully solved this problem?

I'm placing a buy order this morning because I suspect the market in this sector is oblivious to these pedestrian considerations but sooner or later they will come into play.

I would be grateful to hear your thoughts.

Greg
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