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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: KellyW who wrote (383)1/25/1999 9:28:00 PM
From: Bruce A. Thompson  Read Replies (1) of 2383
 
Kelly,

Currently, PROG is showing a 24.8 PE ratio in Yhoo. The same PE with $.30 works out to $28.75 per share or a double from here. But what do I know? The market is expecting $.28 and has probably priced accordingly which would mean a lowering of PE to 13.8 times earnings. Sooner or later, this one is going to fly.

Bruce
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