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

To: Carl R. who wrote (867)	2/28/1999 2:35:00 PM
From: JSB	Respond to of 2383

Until the market takes a "show me the money" mentality, valuations will be askew. For every inet high flyer with no earnings, their is a company doing the same thing with both earnings and growth. Personally, I don't care if a company grows 500% a year if it cannot take something to the bottom line. Reality is, these high flyers may never make penny one. The internet as we know it today, may not even exist in the same form 3 years from now. The point is, we all sit here invested to whatever extent in a terrific stock that may never be accorded a fair valuation until reality returns to the marketplace. Jeff