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Technology Stocks : TIBCO Software Inc - ( Nasdaq - TIBX )

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To: LKO who wrote (106)11/4/1999 7:36:00 PM
From: Mark Sagarin   of 289
 
Tibco Software (NASDAQ:TIBX - news) rose $10.94, or 19%, to $69.94, and has gained 75% over the past five days of trading. üIts mostly on the strength on their software products being accepted more and more on the e-commerce side,ý says Manish Shah of IPO Maven, adding that üpreviously people thought it was just for the Web content.ý His target price was $60, but now he says itûs one recent initial public offering to hold. The companyûs software helps businesses integrate their operations on the Internet.
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