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

To: KellyW who wrote (380)1/25/1999 5:50:00 PM
From: nestegg  Respond to of 2383
 
Tks..KellyW for relaying PROG confirmed discussion.

BTW I'm holding Long and LOVE these Guys [and Gals?] postal Catalog,
but getting to know their new Web Site and liking it, too.

On their Web Site, I notice they are listing the Web Site of most of their Vendors. At first, I thought this might take business away from them...then, I thought....so a 'browser..potential customer' goes to the Vendors site and see ALL about the product and see LIST PRICE...so then goes back to Paradise and gets the product a much lower discount price. So, there's a method to their madness?
Opinions on that feature...anyone?



To: KellyW who wrote (380)1/25/1999 7:34:00 PM
From: Zeev Hed  Read Replies (1) | Respond to of 2383
 
Kelly, thanks for the update. By the way, one source of cash should be their accts receivable, currently quite high DOS. Apart of that, their plan sounds quite fine. Let see how we do into earnings, I still have $.30 as the target.

Zeev


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