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


To: Zeev Hed who wrote (688)2/13/1999 8:48:00 AM
From: Probart  Read Replies (1) | Respond to of 2383
 
The Dow spin. (hope it has not already been posted, could not find it)
Programmer's Paradise Expects To Triple 1st-Quarter Internet Sales
Dow Jones Online News, Friday, February 12, 1999 at 14:46

SHREWSBURY, N.J. -(Dow Jones)- Programmer's Paradise Inc., a direct
marketer of software, Friday said it has high expectations for
first-quarter revenue.
Programmer's Paradise (PROG) said it expects its latest first quarter
Internet sales to show a 205% increase from a year ago. The company said
first-quarter sales from its World Wide Web store rose 43% from the
fourth quarter.
Programmer's Paradise said it formed an alliance with United News &
Media PLC's (UNEWY) Miller Freeman Inc. unit to launch a co-branded
store of software development related products on Miller's Dr. Dobbs
Journal website, apublication for professional software developers.
Programmer's Paradise said it also agreed to add TechBooks Paradise
to a new section on its website that will include computer-related
books, interactive media, videos and other reference materials for
technology professionals.





To: Zeev Hed who wrote (688)2/13/1999 7:14:00 PM
From: KellyW  Read Replies (1) | Respond to of 2383
 
Zeev, I bet PROG gets at least one analyst earnings revision, (An Upwards revision of course), next week, since PROG management just announced that the internet sales have increased 205% thus far. The two analysts out there have a mean esitmate of $.85 for 1999. Your estimate is $1.45 for 1999. I think you're estimate is going to look pretty darn accurate by year's end.

C'mon, you haven't cut open any turnips for next week. They must be ripe by now. What do they say?