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Strategies & Market Trends : Zeev's Turnips - No Politics -- Ignore unavailable to you. Want to Upgrade?


To: Zeev Hed who wrote (60148)5/1/2002 11:05:31 PM
From: Bruce A. Thompson  Read Replies (1) | Respond to of 99280
 
PROG must be feeling pretty froggy. The 10K shows they closed out their only line of credit as of 12/31 saying the could see no need for a credit line. (or for the $200K per year expense it represented) Also, their burn rate must have come to a screeching halt since the 4/30/02 10Q shows a + $.02 per diluted share net profit. Is it time?

BT