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Technology Stocks : BackWeb Technologies Ltd (BWEB)
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To: John Z who wrote (189)7/8/1999 12:13:00 AM
From: Wheats  Read Replies (1) of 584
 
The ratings were for the most part were what I expected. Keep in mind that Goldman gave the same Outperform rating to Inktomi a year ago when it was 20 (now 135) when coverage was initiated. Of course INKT is another very successful internet infrastructure stock. BWEB will have its day, but you got to be patient. Also, a number of momentum folks loaded up last week in hopes of why knows what, and they bailed. OK with me. Personally, I'd prefer less volatility with a modest upward trend. No fundamentals have changed since last Friday, but since it was up 65% last week, it is entitled to a rest. The patient will be rewarded -- the Company has a lot going for it. Remember, good products + good customers + good management = lots of profits.
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