Parallels Desktop and OSX Lion?

I have os Snow Leopard and would like to upgrade to Lion. I heard that Parallels Desktop 5 doesn't work on Lion. What do I need to do to install Lion and upgrade to Parallels 7 without reinstalling all the Windows programs that I am already using?

Parallels 7 full supports Lion OSX. I wouldn't use 5 because it is not supported, version 6 should also work .
Try ebay , I got my Parallels 7 for $49
Good Luck

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    Messagepads wrote:
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