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

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To: Stock Puppy who wrote (2427)8/11/2005 12:46:12 PM
From: Jim Oravetz  Read Replies (1) of 2477
 
Call Activity Heats Up in Target,BEA Systems and ....
By CHRISTINA CHEDDAR BERK
DOW JONES NEWSWIRES
August 11, 2005; Page C2

Short-term options were active for BEA Systems Inc., although its second-quarter report is about a week away. The move in the call options of the San Jose, Calif., enterprise-software provider follows comments from W.R. Hambrecht & Co. analyst Robert Stimson, who expects BEA Systems' results to "meet or slightly exceed" his second-quarter forecast of nine cents a share when the company reports on Aug. 17 after the market closes. Mr. Stimson's estimate matches the average per-share estimate of a Thomson First Call survey.

BEA Systems shares were down nine cents, or 1%, to $9.43 in 4 p.m. Nasdaq Stock Market composite trading, as traders bid on the company's August 10 call options, with 2,060 contracts trading hands compared with 23,439 contracts outstanding. On the ISE, the calls slipped 10 cents to 15 cents.
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