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Technology Stocks : Progress Software

PRGS 42.16

-1.3%

3:59 PM EST

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To: t-boy who wrote (253)	5/11/1999 4:30:00 PM
From: derek buckingham	Read Replies (1) of 296

I ve not heard of any slack in requirement for consultants in Europe. Quite the contrary - it seems the Y2K problem is going to generate work for consultants. The downward price movement though is a mystery to me - all theories are certainly interesting !!! My guess is that prgs is still relatively unknown in the investment world - except to the likes of consultants who work with the product - so a few large buyers can swing the price. For me Marketing has always been PRGS weak point - I m hoping they can become more well known in the investment/internet with Apptivity/java product.

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