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To: steve harmon - analyst who wrote (605)	3/14/1999 9:17:00 PM
From: the hube	Read Replies (1) of 4337

Steve: Do you have any thoughts on PROG, Programmers Paradise. They are historically a catalog retailer selling to the software developer community, but are moving aggressively to the internet. They had sales last year of $238 million, internet sales are increasing at triple digits. Their most recent move seems to be to become a home on the internet for the professional developer community. Check out their newest website at programmersdirectory.com Over half of their sales are from europe. They are profitable and currently have a PE of about 18 based on last year. They are currently priced around 12, and expect to earn $.85 this year, giving them a current PE of 14. One last thing. Their current market cap is around $50 million

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