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Technology Stocks : BMC Software
BMCS 0.00820+60.8%Oct 30 11:39 AM EDT

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To: Elmer Flugum who wrote (1477)3/14/2001 12:28:33 AM
From: john dodson  Read Replies (1) of 1492
 
Exactly right. The volume is an indicator as well. 16 million +, which is 3 times normal daily volume for BMC. Probably doesn't hurt to push the stock down to have a nice low number on which to base performance since moving to the NYSE. Just a conspiracy theory in addition to the NAS 100 selling. Damn from $32 to $21 lickity split. Oh well, my confidence in BMC was getting to strong anyway!

Anyone worried about earnings/revenues short term? Sure the comparisons are easy for year/year and even quarterly numbers. However, if this accross-the-board slowing spending has hit other enterprise software stalwarts, I'm finding it very tough to believe that it hasn't also hit BMC. That'd be all we need. A warning and this stock is back to $15 instantly. Then again, an affirmation that BMC has turned the corner, and has renewed revenue growth and we're on the train to $50. Let's hope for the latter scenario!

Good luck fellow BMC'ers,

John

-John
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