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Strategies & Market Trends : Trend Setters and Range Riders

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To: bobby is sleepless in seattle who wrote (584)12/21/2000 2:38:18 PM
From: Connor26  Read Replies (3) of 5732
 
bailed on my other BEAS shares at 64 - Jenna had a few postings that scared me:

RBAK, BEAS,BRCD, Don't be a chump, these are MILK COWS to be milked for some good gains but the multiples will not sustain in the upcoming earnings quarter

BEAS Trades at a Premium PE Multiple of 290.6 X, vs. the 37.8 X average multiple at which the Software & Services SubIndustry is priced.
edit this tto:
Shorts ------> BEAS short 63.. just at that predictable move down from the 20 period moving average.. Huge Pac-Man type bearish engulfing. Now sitting above 60 7/8 the 100 period moving average. We get the BEAS(t) long and then short.
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