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


To: Carl R. who wrote (895)3/4/1999 11:10:00 AM
From: Larry Brubaker  Read Replies (1) | Respond to of 2383
 
Carl, I I believe you are right. Somehow, the number of $5 million pops into my mind for 1998 web sales. Assuming web sales continue to grow at a 200% pace in 1999, web sales should then be at least $15 million in 1999, an increase of $10 million to the top line. While that doesn't sound like a lot, if all they were doing was selling on the web and losing tons of money, the web sales numbers alone would probably result in a value of $50 per share.