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

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To: JakeStraw who wrote (631)11/20/1998 3:06:00 PM
From: W Shakespeare   of 2477
 
Case in point: AATT

bigcharts.com

The stock was trading at over $30- per share (like BEAS it sported a large PE and good long-term growth prospects). Then, the company made an announcement about slowing earnings. The next day the company's share price was cut in half (but finished up a few dollars from the low of the day). The following day the stock rallied a few more dollars but ended the day down. The next few weeks saw the stock drop to below $10 per share.

We shall see. . .
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