BLUE: Blue Martini Software Message Board

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Technology Stocks : BLUE: Blue Martini Software

BLUE 4.970

0.0%

Jun 2 4:00 PM EDT

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To: geotrader who wrote (4)	1/21/2001 10:29:30 PM
From: Czechsinthemail	of 5

Thomas Weisel seems to have done a quick reverse on BLUE. After giving the stock a plug in Barron's in late December which lifted the stock off its lows, they downgraded on Friday, perhaps to reduce exposure ahead of the IPO lockup expiration on 1/20. Here is Briefing.com's mention on Dec 26: Blue Martini (BLUE) 9 7/16 +2 7/16 (+34.8%): One of Thomas Weisel's picks in Barron's, up on stronger than average volume. Other issues cited were EMC, EXTR, WEBM and EDS. And this was what they said on Friday, Jan 19: Blue Martini (BLUE) 10 -11/16 (-6.4%): Thomas Weisel downgrades to BUY from STRONG BUY and lowers price target to 20; while firm feels that downgrade will be temporary as fundamentals are intact, does see a change in enterprise spending patterns. The other concern has been the downgrade by Goldman Sachs on Dec 18, since they were the lead underwriter: Goldman Sachs on IT Budgets : Goldman Sachs says growing concerns about corporate IT budget cuts in 2001 has prompted a downgrade to MARKET OUTPERFORM from Recommended List for BroadVision (BVSN) and Blue Martini (BLUE).

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