Market Gems:Stocks w/Strong Earnings and High Tech. Rank Message Board

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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank

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To: Jenna who wrote (27307)	3/13/1999 4:17:00 PM
From: Jerry S.	Read Replies (2) of 120523

Can anyone give me an opinion on PRGS (Progress Software)? This is a thinly traded issue which can move by 1/8 to 1/4 point on small lots, at least that what it looked like on Friday. Earnings are due on the 17th. Price recently crossed the 50 day average and MACD trending up. Had a nice pop last earnings release and Dain Rauscher just initiated coverage with an agressive buy rating. Everything looks good on the surface but the lack of trading has me hesitant. Any thoughts from anyone would be appreciated.

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