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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: Dnorman who wrote (293)1/17/1999 10:07:00 PM
From: Larry Brubaker  Read Replies (2) of 2383
 
Dennis, you didn't ask me but the stock you cited IMON, looks pretty scary to me. I don't see any revenue in the last 10-Q, assets consist primarily of notes payable from related parties, plus they have a floorless convertible financing.

I don't see much substance there and that huge volume Friday was not accompanied with any news. It makes you wonder whether somebody engineered the big volume and price rise in order to fish for suckers to buy shares.
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