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

To: TATRADER who wrote (216)	1/12/1999 2:24:00 PM
From: William T. Katz	Read Replies (2) \| Respond to of 2383

Well I just doubled my position when my limit buys got hit at 14 7/8. I really don't see major problems with this stock story and there is dramatic upside potential with much more limited downside, particularly as the stock gains exposure. I do wonder how much money it will take for them to upgrade their website and publicize it more. They have a decent cash position compared to some other conventional retailers turned e-tailer. Thoughts on their cash position vs. needed money for future improvements? Perhaps a secondary might be good for building a war chest and increasing visibility through ads? If you have a good story, they will come... Yahoo! reports soon and I am a bit worried that their numbers might not meet all the hype, thereby causing internet mania meltdown in the short term. But I've got enough cash to increase my PROG position further after taking some DISK off the table (maybe). If you've gotten in (or accumulated) during this pullback, let's all hope Yahoo! doesn't disappoint :) -Bill