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Strategies & Market Trends : Roger's 1998 Short Picks -- Ignore unavailable to you. Want to Upgrade?

To: JOHN CHEN who wrote (16731)	1/8/1999 10:49:00 AM
From: Caroline	Respond to of 18691

My amazement is also huge, but I don't fight the tape! CB

To: JOHN CHEN who wrote (16731)	1/8/1999 2:16:00 PM
From: Eric Klein	Respond to of 18691

I wish I had the guts to buy in these stocks! If you want to jump in on an Internet stock that has the potential to take off, look at Programmer's Paradise (PROG). Unlike most of the Internut stocks it has sales and profits. It sells for a P/E of 18 and P/S of 0.3, yet it has a very well established presence in the world of Internet software sales. This is a quality company which dominates catalog/internet technical software sales. Everybody who is technical knows Programmer's Paradise. They just announced record sales and the stock is up 40% today. With a rise like that, it could attract attention, and with it's P/S and P/E it looks like a value stock. Imagine that, a genuine Internet stock that passes a value screen. Besides the Internet mania, PROG might be an attractive acquisition for any company wanting to move into the Internet business. Just their customer list is probably worth more than the company's current market cap.