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

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To: junjun dator who started this subject7/16/2003 7:04:36 AM
From: manny t   of 2477
 
06:58 ET BEAS BEA Systems upgraded and added to Focus 1 List at Merrill (12.08)
Merrill Lynch upgrades to Buy from Neutral and adds to their Focus 1 List, based on renewed confidence in the July Q2, the upcoming 8.1 product cycle, the company's strategic value, and improving field execution; in addition, firm says the continuous acquisition chatter makes strategic sense given BEAS's unique positioning, however the timing/likelihood is somewhat of a wildcard. Target is $15.
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