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: Dnorman who wrote (293)	1/18/1999 11:40:00 AM
From: Zeev Hed	Read Replies (2) of 2383

Dennis, many people have responded to you, if you own it, do not overstay your welcome, it does seems to be in the "pump" phase of a classical "pump and dump" deal, instead, here the shorting will occur from the floorless. They may keep it up until few days after the launch (January 29?), but it is impossible to know how far they will run it. Unfortunately the news release did not convey all the data on this convertible (size and ceiling), but it is a 35% discount floorless. Zeev

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