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


To: Zeev Hed who wrote (122)1/10/1999 8:55:00 PM
From: D. K. G.  Respond to of 2383
 
RE: high DSO for PROG, it's not uncommon for software companies to
to have high and widely fluctuating DSO(s). I follow ITWO and their AR/DSO varies quite a bit Q to Q. The indicator can get distorted
due to the sales cycle length variations between big vs small customers, as Zeev has mentioned. I have not checked personally but I bet PROG's DSO is O.K. relative to the software sector it's in.

Good luck to all,

denis