1) You will get even stronger warnings from me about ancient, obsolete and unsupported versions of Progress.
2) 7.3 was extraordinarily buggy. Especially 7.3c01. But one particular vendor, who is known for their intransigence, absolutely insisted that their customers must use that release and no other. That same vendor has a similar position about 9.1c.
3) 7.3 lacks many major important features that were added in later releases. It's hard to know where to start listing them. User defined functions spring to mind. VSTs are another. Dynamic queries. Variable database block sizes, rows per block, storage areas, large files (no more 2GB limit). CCLP. etc, etc, etc.