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Technology Stocks : PROGRAMMER'S PARADISE (PROG) -- Ignore unavailable to you. Want to Upgrade?


To: Zeev Hed who wrote (2083)2/2/2000 4:37:00 AM
From: Bill J. Landis  Read Replies (1) | Respond to of 2383
 
Okay, any thoughts on the short to mid term prospects for PROG? Given the earnings it would seem we need some sort of fairly major news to really do anything before the next numbers come out.

My stock picking and market timing prowess have been so pitiful that I've decided my time is better spent elsewhere. As such, I've been slowing exiting from my individual stocks in favor of a few mutual funds.

I'm now down to small positions in PROG and SPDV. Any comments on how long I should wait to ease the rest of the way out or what might make a reasonable target? My gut tells me $10 is probably a bit too optimistic if I want out this year, but then I'm not nearly as good at this as the rest of ya'll ;).



To: Zeev Hed who wrote (2083)2/2/2000 5:40:00 AM
From: Carl R.  Read Replies (1) | Respond to of 2383
 
Now Zeev, I haven't bought any shares recently at over 5 3/4. However, which is less stupid, buying at 5 1/2 and holding to 10 and back, or selling at 10+ and then re-buying at 7 3/4? Obviously Razor gets the prize for executing both a good sell and a good buy, and I finish last.

OK Razor, time to rev up the old turnip drive again....

Carl