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: Richard Singer who wrote (260)	1/15/1999 9:16:00 AM
From: Zeev Hed	Read Replies (2) of 2383

Richard, I have as much of PROG as I believe is prudent for me. I bought the bulk of my position in early December and added at just above $14, so, my belief is that this is a good buying range, I am also on record that the stock should not close under $13 (but I would forgive"temporary breach in a very unsettled market). Watch the stock for the last few months and you will see that it trades in ranges, the last one was 10 to $12.5, I believe the new one is $13 to $17, hopefully the earnings report will cause it to breach this range. This stock is not recognized by the market and its small float and capitalization does preclude large players from entering it. Hopefully, as the price advances, we will get an advance in the short position as well as breadth of participants. Zeev

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