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Technology Stocks : BEA Systems (BEAS) - Undiscovered Growth Stock

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To: Tim Davies who wrote (2284)8/15/2002 5:44:48 PM
From: Dave Gore  Read Replies (2) of 2477
 
Tim, BEAS is OK. Should be close to a bottom here. How it does near and intermediate term is dependent more on the market, which is possible due for a pullback soon, maybe tomorrow. Maybe Monday. I don't expect to see it below $5 again, unless the Market really tanks. On the upside its PE is not exactly cheap but it sure seems like a solid company. Until IT spending is really back next year, it may not do a whole lot.
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