WebMethods,Inc. (WEBM) Message Board

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Technology Stocks : WebMethods,Inc. (WEBM)

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To: SecularBull who wrote (157)	8/11/2001 12:34:21 AM
From: Robert New	Read Replies (1) of 161

Secular well to be quite honest I am staying away from the software sector completely as tempting as SEBL is in the 20's here. I really have not followed WEBM lately but by the looks of the chart its keeps making 52 week lows and fundamentally there is no telling when things will turn around for the company and sector. I also believe that we will have another leg down on the Nasdaq at some point as the base on the Comp is quite ragged with 3 gaps up which will likely get filled at some point or another. I fully anticipate these stocks to continue down and then flatline/base for a period of time. When the bases appear constructive then I will start buying in. Right now on a fundamental basis the two companies I will definitely want to be involved in regarding this sector include SEBL and SRNA. In storage I do like EMC but as long as these stocks keep printing 52 week lows best to stand aside and let the dust settle and then sift through the wreckage. We will have plenty of time to assess the damage and fundamentals at that time. Best to you...Rob

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