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


To: bazan who wrote (732)2/20/1999 12:20:00 AM
From: Carl R.  Read Replies (1) | Respond to of 2383
 
It appears then from the IPO information that Intraware, like BYND, EGGS, and DRIV will have a market cap greater than PROG. I suppose that Intraware probably loses money, too, and if so, it should obviously be worth more than PROG. It seems obvious that profitable companies like PROG can be reasonably valued based on earnings, while companies that lose money can achieve any sort of outlandish valuation.

Carl