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Strategies & Market Trends : Trend Setters and Range Riders
MSFT 478.47-1.1%3:59 PM EST

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To: Connor26 who wrote (20929)7/22/2002 9:13:17 AM
From: Susan G  Read Replies (3) of 26752
 
08:01 ET BEAS BEA Systems numbers cut at CIBC (7.27)
CIBC World Markets cuts estimates following channel checks; believes business continues to be weak and implementation cycle is deteriorating; questions whether BEAS should be trading at valuations accorded only software leaders given recent market share gains by IBM.
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