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

To: Zeev Hed who wrote (46)	1/10/1999 12:18:00 AM
From: ria	Read Replies (1) \| Respond to of 2383

Zeev, Another thing that might help bring customers and more visibility to the company is to sign marketing deals with the likes of yahoo, aol, or amazon. Another company that has gotten a lot of press lately and targets IT professionals exculsively is Earthweb. That would be good place to put the PROG logo.

To: Zeev Hed who wrote (46)	1/10/1999 1:30:00 AM
From: Arktic	Read Replies (2) \| Respond to of 2383

Zeev: I'm awaiting word from my brother and will post (assuming he replies) upon receipt. If I have read this thread correctly, there are only 5 million shares of PROG outstanding and 40% of those shares traded hands in one day on a very large percentage uptick in price. I'm not familiar with 40% of a company trading hands in one day except when there is a huge race for the backdoor in the face of dire news. Pardon me if my question seems naive, but if this stock is so great, why would 40% of the stock be sold in one day? Perhaps a lot of day traders were flipping the same stock a few times on Friday??? Anyway, I'd be interested in your thoughts about Friday's volume and what it means for the stock, Zeev. Being old enough to recall the market in 1974, and gold in 1979, and oil in 1984... I have to admit that some of the "Internut" plays make me nervous. At the same time, huge returns have been enjoyed by early investors and I certainly wouldn't be one to argue with success. However, I know from experience that nothing ever goes up like Internet stocks have done recently without eventually leveling off or declining. But given that PROG actually has a profitable business and a small float, it warrants careful scrutiny. Paul L. Craig

To: Zeev Hed who wrote (46)	1/10/1999 2:02:00 AM
From: Arktic	Read Replies (1) \| Respond to of 2383

Zeev: I just did a little more digging and calculating... AMZN is expected to have sales of about one billion dollars based upon fourth quarter sales. PROG has sales of 0.23 billion dollars. AMZN is not profitable. PROG has a very respectable P/E ratio. AMZN has a market cap of 25 billion dollars. PROG has a market cap of about 0.075 billion dollars. Hmmm... AMZN only has about four times the sales of PROG, and is not profitable whereas PROG boasts a profit on sales. But the market says that AMZN as a company is worth more than 300 times as much as PROG... Maybe I better buy some PROG ! Paul L. Craig

To: Zeev Hed who wrote (46)	1/10/1999 10:33:00 PM
From: Cary C	Read Replies (1) \| Respond to of 2383

..Cary, you did a time reversal transformation on their 1998 and 1997 9 months earnings. In 98 they were down relative to 97 not the other way around... I imagine I am being prety anal Zeev so go easy on me. :>) How did I reverse numbers? The numbers I am looking at show 114 for 1997 and 158 for 1998 after 9 months. I took the year end numbers for 97 of 176 and came up with the 62 million for (97) fourth quarter. They also have stated that they did 230 million for 98. That would be an increase from the 176 million in 97 Are we talking about different numbers or what am I being anal about? Remember, be gentle <g> Cary