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

To: Dew who wrote (6)	1/8/1999 11:25:00 PM
From: KellyW	Read Replies (1) \| Respond to of 2383

Dew, PROG had an 18% surpassing of estimates in the last quarter, (Oct. 22nd reporting). Zack's research indicates only two analysts that follow and make estimates. Both anaylsts give a strong buy rating, hence, it's categorized as a "1.0", which is high but you can't always go by the Zack's analyst's ratings. I am also sceptical of analysts anyway. I spoke with someone today who informed me about PROG, it was his current quarter estimates that I went by. (Zeev) Regardless, PROG's revenue growth is strong and earnings are there, too. They sell to professionals, people who 100% use the web. I like the story. The negative for me, that I just noticed, is that they're burning cash somewhat, even though they're making money quarter to quarter. But, I do assume/believe it's for their internet expansion. I say that being new to the stock and not knowing. I think it's fair to assume that, though. A conference call could answer that. If the Amazon.com stock holders of the world learn about PROG, this stock could blow all of our minds. But doesn't that seem to happen to other people? Thinking outrageous, a $1 Billion market cap would mean a per share price of $200.00.