Shorting stocks: High fliers Message Board

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Strategies & Market Trends : Shorting stocks: High fliers

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To: Mad2 who wrote (661)	7/3/1999 9:45:00 AM
From: RockyBalboa	Read Replies (2) of 709

Mad2, one on my radar. BEAS, BEA Systems has been shaken in mid December 1998 ($8), but regained all of the losses and set a new high on Thursday. On Friday it was weak but nevertheless closed on a small gain. Something is in the making. Quite a short interest already (shrs 3MM are shorted.) biz.yahoo.com I do not see flies yet, it "looks" overvalued, despite it managed an impressive top-line growth. I expect it trading lower after mid July. In May the first 2 insider sales have been filed, although not significant size yet.

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