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


To: KellyW who wrote (553)2/3/1999 7:20:00 PM
From: Zeev Hed  Respond to of 2383
 
Kelly, I am not sure if you have tongued tied me or tie tongued me (here again, the English challenged turnip farmer speaking), but if they execute on using the channels for additional products on top of the natural 30% growth rate curve they are on and the turnaround situation we have just gone through, I just do not see them missing that by much. If at all, I think that the surprise might be that they match the fourth quarter in the first of this year. Let see how their road show goes. They should not have such missteps as "prepping" the market for a road show and then delaying it. If we see many instances like that, we will know they still need to "grow and mature" as a public company. The recent decline of the stock and the break in the forward momentum might very well be due to the delay in the road show. While we had a big chunk moving on an uptick today, there were a lot of 5000 and 10,000 blocks on downticks, possibly disappointed investors expecting the road show.

Zeev



To: KellyW who wrote (553)2/3/1999 7:52:00 PM
From: JSB  Read Replies (1) | Respond to of 2383
 
The flip side, however,
is that we didn't get a
great deal of respect for
beating estimates by .04
this time.

I suspect what we truly
need is some analyst
upgrades.

Regards,
Jeff