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

To: Bruce A. Thompson who wrote (413)1/28/1999 9:50:00 AM
From: William B. Kohn  Read Replies (1) | Respond to of 2383
 
Bruce, calm down!

We are seeing something that the market evidently is not seeing. OR We are missing something that the market is not missing. DON'T fall in love with PROG. It may be a paradise, but today it doesn't appear to be the 'Garden of Eden'

Bill

Thought it would be doing better on the news!!!



To: Bruce A. Thompson who wrote (413)1/28/1999 9:55:00 AM
From: Howard Shlom  Read Replies (2) | Respond to of 2383
 
Bruce, Zeev
The stock price is not responding this morning.
Any thoughts?
Too soon, MM b.s., too small a co?
Also, will all that volume overhead from the spike
make it hard for this stock to break out at this rate?
Howie



To: Bruce A. Thompson who wrote (413)1/28/1999 10:05:00 AM
From: Zeev Hed  Respond to of 2383
 
Bruce, I think that the 18% relates only to the sales growth from the internet site which is still low relative to the total volume of sales.

As for the price action, yes, there is overhead supply particularly in the $15.5 to $16.5 area and it will take some time to eat through it, but the volume so far at close to 60,000 shares for the first 20 minutes is pretty good.

Zeev


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