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

To: Im-patient who wrote (339)1/21/1999 11:01:00 AM
From: Larry Brubaker  Read Replies (1) | Respond to of 2383
 
Fred, I see no reason to worry about a Thursday release. Sometimes very bad news is held until Friday after the close. Usually a Friday after-the-close release is not signalled in advance. A Thursday release before or after the close shouldn't be a signal of bad news.

Seems as if the MM's gapped PROG down this morning (on little volume), probably in symptathy for today's bloodbath in the internet sector. It was nice to see a bit of buying come in at that point.



To: Im-patient who wrote (339)1/21/1999 12:19:00 PM
From: Zeev Hed  Respond to of 2383
 
Still holding, Fred. Let's hope that on the next rally in the internuts, they consider PROG on the crowd as well, since they are apparently including PROG in that crowd right now. Still, it seems that the $13 area is holding relatively well. I was not around to see the volume on the way down to to 12-11/16. The total volume has declined and I hope it revives. Without volume the MM's are simply going to play the current range ($13 to $15.5 or so).

Zeev


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