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Technology Stocks : BMC Software
BMCS 0.008200.0%Oct 31 9:30 AM EDT

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To: Elmer Flugum who wrote (1465)1/26/2001 10:40:43 PM
From: john dodson   of 1492
 
Well for today's pressure at least. We'll see how next week unfolds. It bugs me that this stupid market seems to have already priced in a 50 basis point cut from the Fed. Yeah, nothing like pricing in the best case scenario! Problem is there's much more downside than up in that case...

Hopefully, BMCS can stave off any serious damage here until another big market rally can hit (say next Friday when the fed meets.) Then we may have a chance to see how close to $40 we can get.

Hope so!

-John
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