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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: Bruce A. Thompson who wrote (244)1/14/1999 12:56:00 PM
From: Zeev Hed  Read Replies (1) of 2383
 
Bruce, they announced that they expect higher sales ($230 for the year), but did not elaborate on the earnings. The first call estimate is $.28, while the whisper number is$.33 (for the fourth quarter), and I felt they are reinvesting some of these profits (about $850 K or so) and will bring in earnings at.$30, but all this is conjecture *except the higher sales.

Zeev
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