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

To: Zeev Hed who wrote (249)	1/14/1999 4:35:00 PM
From: William T. Katz	Respond to of 2383

Sales for PROG depends quite a bit on new introductions into the developer's market. For example, Visual C++ 6.0 and new Visual Studio has recently been released. So it makes it hard to predict which quarters will be very successful. That said, as they increase the # of products and ramp up internet sales, the growth should help overwhelm the seasonality. Volume continues to drop on the pull back (coupled with Brazil news)... we are now almost back to daily averages. Since I'm a technical analysis novice, could you tell me if we have formed another base from which to move up?