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

To: KellyW who wrote (5)	1/8/1999 9:28:00 PM
From: Dew	Read Replies (1) \| Respond to of 2383

What were the estimates for PROG? How much did they beat the total revenue estimates? Thanks.

To: KellyW who wrote (5)	1/8/1999 9:50:00 PM
From: Zeev Hed	Read Replies (2) \| Respond to of 2383

Kelly, you got to read between the lines, last quarter's revenue where something like $54 MM and profits were $.13/share. This quarter revenues are $72 MM and I estimate that profits will be between $.28 to $.30, and I assumed that between $.05 to $.07 are plowed back (so my normal quarterly is actually $.35) into the further development of internet sales. I think that the most important thing is that they are going to use their distribution channels to sell additional products. Zeev