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Technology Stocks : BMC Software
BMCS 0.00520-36.6%Nov 3 2:14 PM EST

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To: michael97123 who wrote (1316)7/25/2000 9:34:17 PM
From: john dodson  Read Replies (4) of 1492
 
Earnings were pretty much as expected (20 cents before charges vs the reduced estimate of 19 cents). Even the prediction of weak revenues the rest of the year wasn't a shock.

I nibbled more today @ $17 3/8. Was really tempted to buy more, but opted to wait for the earnings announce and all. I will buy more tomorrow. This is definitely a buy and hold opportunity. Unless, of course, you really believe the earth has shifted for BMCS, and they never will regain their position and can grow the numbers and company. That's possible of course, but I don't believe it. Most all companies have good times and bad times. This is definitely the latter for BMCS.

It is pretty hard to defend against the "dead money for a quarter or two or three". Then again, it's the difference in trading and investing. It all depends on what you wanna do with this one.

What's everyone else think?

-John
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