Profit Recovery Group (PRGX) | Stock Discussion Forums

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Technology Stocks
Profit Recovery Group (PRGX)

An SI Board Since November 1997

Posts	SubjectMarks	Bans	Symbol
32	0	0	PRGX

Emcee: JB	Type: Unmoderated

Introduction Market Data Compact

Here is an undiscovered company.

This company uses proprietary software to recover over payments to vendors. As an example, Wal Mart, one of the companies biggest customers buys millions of bottles of shampoo a month to sell to its customers. During the month the price will change about 20 times. The manufacturer will offer volume discounts, rebates etc. After the day is over Wal Mart employees will go over the days purchases and try to find any over payments to vendors. When they are done they provide all the information to PRGX. As for Wal Mart and any other typical customer every $100,000,000 in sales results in $1, 000,000 dollars of revenue to PRGX. They get to keep a percentage of savings that have been found for their clients. As companies move to EDI the auditable amount of transactions becomes greater and PRGX can recover more revenue for its client and themselves.

The great thing about this company is that clients have nothing to lose. They are only charged on a contingency basis. This has lead to a rapid rate of growth for PRGX. They are taking their technology to other industries such as the computer industry and auditing government purchases and company tax returns.

Currently the company sales are about 100+ million a year. The company expects to reach about a billion in sales in the next few years. The company is growing EPS at about 35% growth rate and is trading at a discount to that growth. A good buy!!

Go to reply# or date (mm/dd/yy):

Reply	Message Preview	From	Recs	Posted
32	PRGX has sure been strong lately! Rising trendline resistance is coming in now a	Yogizuna	-	8/20/2001
31	hey Yogi come back looks like 2 of the biggest volume daze in a row since you	D.Austin	-	8/17/2001
30	Yes, I'm still around here somewhere just bearly..... <g> I am not sur	Yogizuna	-	10/30/2000
29	Yogi, You still there? What's your opinion from here? It's got upside bu	jsavage	-	10/23/2000
28	PRGX back to a hold under disgusting market conditions. Yogi	Yogizuna	-	10/18/2000
27	PRGX to a new buy signal for me last night, so I may pick up some beaten down sh	Yogizuna	-	10/10/2000
26	Our work does not have anything specific to say about the stock now. Currently t	Jim Patterson	-	8/17/2000
25	PRGX is now trying to break above DSTL resistance which is threatening to hold t	Yogizuna	-	8/14/2000
24	If LGTO is going to survive, the weekly chart looks extremely constructive at th	Yogizuna	-	8/10/2000
23	OT - What does your system say about LGTO?	John Ritter	-	8/10/2000
22	My system put PRGX on a hold signal last night, but with my work, a hold means t	Yogizuna	-	8/10/2000
21	I am in at $9 on Yogi's recommendation, but then I am purely a bottom feeder	John Ritter	-	8/8/2000
20	My system went to a new buy signal for Profit Recovery Group over the weekend.	Yogizuna	-	8/7/2000
19	Sure hope you are right-- I am a little skeptical of accounting problems ! The	Dowjoe	-	8/2/2000
18	Is it time to buy PRGX while it is under $10? I don't know much about this	John Ritter	-	7/31/2000
17	Reggie on Wall Street has taken a gain on PRGX @ 15 13/16. Friday the stock tra	Jim Patterson	-	6/12/2000
16	You are correct the fundamentals are solid. Reggie does not look at these thing	Jim Patterson	-	6/9/2000
15	How can one short this stock-- the fundamentals are fantastic- look at their gr	Dowjoe	-	6/9/2000
14	Reggie on Wall Street has a Short entry price of: 17 3/16 for PRGX. Keep in min	Jim Patterson	-	6/8/2000
13	I rave about it also--so now there are 2 of us ! With this market- there is so	Dowjoe	-	5/27/2000
12	This is certainly an inactive board. Is anyone still here? I just heard about	Carolyn	-	5/22/2000
11	One brokers view: RCSF: PRGX: Major Moves Position PRG For Future Growth-New A	JB	-	7/21/1999
10	Glad to hear from you JB- I'm long & holding also. Not sure I like a co	Dowjoe	-	6/30/1999
9	JB Glad to find someone else following PRGX. I also invested at the 14-17 level	zydeco diver	-	6/30/1999
8	Back when I started this board PRGX ws trading at around $17 a share (now $46).	JB	-	6/30/1999

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