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Technology Stocks : BEA Systems (BEAS) - Undiscovered Growth Stock

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To: Ibexx who wrote (2167)12/11/2001 10:24:27 PM
From: sandintoes  Read Replies (1) of 2477
 
I'll have to look for some Santory beer on our friendly neighborhood grocers shelf...How does it taste? Is it more of an ale?

I wonder if the BEAS workers will get any work done, or if they'll be tasting all day?

Now where is Susan when I'm actually talking about BEAS?

This sounds exactly like what the Dr. ordered for BEAS.

12/11/2001 3:33:00 PM
12-11 0504 BEA Systems and Peregrine move into integration

By Ilaina Jonas

NEW YORK, Dec 11 (Reuters) - Business software makers BEA Systems Inc. (BEAS) and Peregrine Systems Inc. (PRGN) have reached a deal designed to propel both into the growing area of systems integration, a direction seen as necessary for BEA and a golden opportunity for Peregrine, industry analysts said Tuesday.

Under the agreement, BEA will offer Peregrine's adapters into its overall WebLogic Integration platform.

Adapters act as translators between various applications, allowing them to talk to each other via the integration platform.

They are a small but crucial piece of the integrationpuzzle, much like tires to an automobile.

"The big deal about this one is that BEA is smart enough not to get involved in building adapters, which is a sink hole business," Forrester Research analyst Chris Dial said.

Shares of BEA rose 70 cents, or 4.31 percent, to $16.94 in late afternoon trade on Nasdaq. Peregrine rose 80 cents, or 4.98 percent to $16.85

Peregrine -- whose software is used by companies to track and manage equipment, facilities and personnel -- has set its sights on making adapters that can be used by any integration product.

"This is a good step in the right direction for them to become probably ... one of the two or three major providers of adapter technologies for the industry," Daniel Sholler, senior analyst with Meta Group's application service, said.

The strategy seems to be working, as Peregrine recently announced a deal that calls for International Business Machiness to resell its adapters to be used for IBM's WebSphere products.

When a company upgrades the version of the application it uses, the adapter also must change.

BEA introduced its WebLogic Integration product in July and on Tuesday said more than 80 customers have purchased it.

"It's going to help BEA become a credible player in the integration market which is something they were on the cusp of doing but had not quite achieved until this point," said Sholler.

BEA has been under pressure to expand beyond making application servers, an increasingly competitive field. Application developers use application servers, which are software, as a foundation on which to build their computer programs for putting business on the Web.

"BEA has to demonstrate that they are moving into the integration market because they're going to have to move out of application servers," Dial said. "That market is becoming extremely competitive and it's also becoming commoditized. I don't think the number itself is as important as the notion that BEA is finally taking integration seriously."

Up until now, adapters made by integration vendors, such as Vitria Technology Inc. (VITR) , webMethods Inc. (WEBM) , Tibco Software Inc. (TIBX) and SeeBeyond Technology Corp. (SBYN) have been proprietary and work only with thier own integration systems.

REUTERS
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