YIKES!
Just saw this post of Bob's...the news is out, they already missed. So that kind of lets you know it was a dumporama...no wonder it was so heavily traded.
So now we can look for the REAL bottom and buy it too hold on to. I doubt wev'e seen it yet, this was their first miss of estimates in YEARS. Probably retest September lows on the next really down day.
SAN JOSE, Calif., Nov. 1 /PRNewswire/ -- BEA Systems, Inc. (Nasdaq: BEAS - news), one of the world's leading e-business infrastructure software companies, today announced preliminary results for the third quarter ended October 31, 2001. BEA anticipates total revenue for the third quarter to be between $217 million and $221 million, including license revenue between $125 million and $127 million. Based on this estimated revenue, the Company expects to report pro forma earnings per share of approximately $0.05-$0.06 per diluted common share. Pro forma results exclude impairment charges and acquisition-related expenses, employer payroll taxes on stock options, net gains or losses on investments in securities, and other non-recurring charges. BEA will report final third quarter results on November 13, 2001. VS .08 and @254 revs |