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Technology Stocks : Progress Software -- Ignore unavailable to you. Want to Upgrade?

To: Jerry S. who wrote (257)	5/13/1999 5:57:00 PM
From: derek buckingham	Respond to of 296

I agree that Progress is a great company who can stand on its two feet and has been doing so successfully for the last decade in a competitive market !!! More importantly PROGRESS should prosper going into the next decade and its price seems a snip to me at these prices. UNLESS theres something I m missing here .... Well I reckon Y2K is a genuine concern in the sense that IT departments will focus on making sure their apps get through to the next millenium and will not be able to kick off new projects. PROGRESS is better placed than most and that unless the programmers have been particularly slack should not tie up that much resources. Though the drag will come from other apps... Though , for sure , my guess is that it wont have a dramatic effect on the bottom line. Hopefully that will be enough to soothe the fears of the non informed :-) Good to see a bit of life on this thread.