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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: Zeev Hed who wrote (547)2/3/1999 2:45:00 PM
From: KellyW  Read Replies (1) of 2383
 
Zeev, regarding your forecast for PROG in 1999. I sent that info to PROG's CTO and here's his response:

"Thanks for that info. This analysis is really quite aggressive. Bear in mind that there is seasonality to our business. Historically, Q4 is the strongest and should represent a hockey stick in terms of earnings. This is not to say that our internet activities won't help smooth this out. As you know, part of my job is to manage expectations. taking us from an achieved $.66 to $1.46 is a bit aggressive.

We had to postpone our west coast road show as Bill is traveling to Europe. We are attempting to reschedule the week of February 15th. I'll keep you posted."

Long PROG.
-Kelly
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