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

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To: Melissa McAuliffe who wrote (415)2/25/1998 12:49:00 PM
From: Marq Spencer  Read Replies (3) of 2477
 
Melissa,
Agree with your analysis of the analysts :-).

I too am long on BEAS March 25 calls. I'll sell them before the close tomorrow if I can get $2 for them. I'm also trying to buy some BEAS March 22.5 Puts, for the sell-on-news scenario.

But this time I'm not sure that this is the right strategy - the market has a lot of momentum and if BEAS makes good numbers, this would be their chance to make new highs.

Tomorrow will tell.

- Brian
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