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Technology Stocks : Blue Coat Inc.

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To: Elroy who wrote (173)11/15/2001 9:33:54 AM
From: L.Jasper   of 218
 
Just announced a downgrade for this Q revenues (as of Nov 5, 2001). But has $63MM in cash and no debt, so not going broke for awhile. Won't turn around until the Internet turns around. So its a wait and see. Basically a sound company (management and products) but how long will they have to tread water before Internet companies are back in favor?

LR
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