SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : BEA Systems (BEAS) - Undiscovered Growth Stock

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Nadine Carroll who wrote (951)12/6/1999 10:48:00 AM
From: Stock Puppy  Read Replies (1) of 2477
 
>BEAS is now trading at 300 times estimated FY 2000 earnings. Don't you think that this stock might be overvalued, however well the company does?

According to
cbs.marketwatch.com
the stock may be overvalued, but not as compared to its peers. The quote was:

" But despite the recent run-up, Wendell Laidley,an analyst with Credit Suisse First Boston, says the stock still trades at a discount to comparable shares."

>I sold my shares on Friday. Time will tell which of us is correct.

You never lose money by selling at a profit. You only lose potential lose or gain.

Although, IMHO, with a run-up & potential like this thing has had, if I felt the tim eto sell, I would sell enough to at least cover purchase price, and maybe some lunch and dinner money (in other words, sell some & hold a couple of shares just in case). Right now, I'm holding.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext