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


To: Zeev Hed who wrote (844)2/26/1999 4:46:00 PM
From: Tummus1  Read Replies (1) | Respond to of 2383
 
Zeev
FWIW. I can tell you that none of the large chunks (100K,50K,45K etc) that went through appeared to do so at the bid.
TW



To: Zeev Hed who wrote (844)2/26/1999 5:46:00 PM
From: AugustWest  Respond to of 2383
 
From my perch, this morning just looked like a blood bath. But by the time I had gotten an order in for 12, it had moved up to 12 3/8x 1/2.

By the afternoon, I felt pretty good about it staying above 12 1/4 for the close, so I reupped my limit. It had to get filled around 3 o'clock or so(2 partials to complete the order).

Don't know if it just hit a ledge here today on its way further down, but I'd like to try and get it to $16 on this one anyhow. When I sold the last time, I had a mental entry again at 12. Almost jumped the other days in the 13s and 14s. Fortunately I wasn't bored into buying then-had a few others that looked more promising.

I'm hoping that todays action might signify a bottom on the MACDbut we need a good move on monday



To: Zeev Hed who wrote (844)2/26/1999 10:18:00 PM
From: Larry Brubaker  Read Replies (1) | Respond to of 2383
 
<<Maybe we should believe Broderick when he says that the first quarter is going to be much less than I had thought.>>

Even if the first quarter is much less than you thought (analysts expect .16 for the quarter vs. your .32) (PROG projected .85 for the year without counting hardware sales vs. your $1.25), the stock is still undervalued.

Even if PROG's modest projection is all we get, this stock should be above $20 by the end of the year. I can't imagine something has changed so much in the last couple of weeks to render PROG's 99 earnings projection invalid.