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Technology Stocks : BroadVision (BVSN)
BVSN 4.410-0.5%May 18 5:00 PM EST

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To: David R. Doerr who wrote (2134)10/14/1999 11:49:00 AM
From: Elroy  Read Replies (2) of 3773
 
If short term swings are a problem for you, I would take your losses and move forward.
You've gotta be kidding. That guy bought a stock that has gone up 1,200% or so in the past 12 months, faster than the revenue or earnings growth rate. What stocks do not have short term swings?

But, if you take a longer term view then I think you will be well rewarded.
How long? Almost any company can be called a good 'long term' buy. Every company is trying, over the next 3-5 years, to improve their results.

The future of the company has never looked better according to all indications of the market.
That's just the same as saying the share price has gone up!

How many years until BVSN is doing $500 million per quarter in sales? Any idea? Then, if they are still able to trade at 4x sales (pretty high multiple for a $2 billion per year in sales software company), the stock will still be worth what it is today!

I know, we don't care about multiples and valuation, we don't care about that silly stuff....

Elroy
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