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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 (844)2/26/1999 10:18:00 PM
From: Larry Brubaker  Read Replies (1) of 2383
 
<<Maybe we should believe Broderick when he says that the first quarter is going to be much less than I had thought.>>

Even if the first quarter is much less than you thought (analysts expect .16 for the quarter vs. your .32) (PROG projected .85 for the year without counting hardware sales vs. your $1.25), the stock is still undervalued.

Even if PROG's modest projection is all we get, this stock should be above $20 by the end of the year. I can't imagine something has changed so much in the last couple of weeks to render PROG's 99 earnings projection invalid.
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