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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: Bart Hoenes who wrote (517)1/30/1999 12:04:00 PM
From: SDR-SI  Read Replies (1) of 2383
 
Bart:

I agree. The filed TM's are for business development purposes, which is the fundamental thing that must drive stock price growth. Their filing indicates a management that is concentrating on real growth, development and positioning.

If the company can attract its customer base, it will have REAL growth. Redesigning a name purely to attract Wall Street attention borders on hype and puff and, IMHO, is unnecessary with PROG's story at this time. Some day when over 50% of its sales come from net-related business, it may be reasonable to change the name.

IMHO that other than for those that are interested in a quick trade profit (which there is nothing wrong with), stockholders of a company with such good fundamentals should want the company to stick to the paraphrased maxim: "Make them some profits and a clear path of business and earnings growth and they will come". And, while I'm corrupting sayings, we must also keep in mind "he who grows by hype and puff, dies by the lack thereof". Apologies to the originators.

Just my opinion.

Steve
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