BEA Systems (BEAS) - Undiscovered Growth Stock Message Board

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

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To: Melissa McAuliffe who wrote (426)	2/26/1998 3:17:00 PM
From: Marq Spencer	Read Replies (2) of 2477

Melissa, Sold my March 25s for 2 today (I had set a day limit order which executed this morning - I think that the high for today is 2 1/8 so far). I also bought March 22.5 Puts at 11/16. If the stock moves up after the announcement, I'm hoping to get half of it back sometime over the next week. On the other hand, if the stock sells off after the news, then I might make some money on the puts. Regarding your question about what the close tomorrow might be, I would not be surprised if the stock sold off a bit because of the fact that it has more than doubled in the last 3 1/2 months. It is also up 25% in the last twelve trading days. But if I definitely knew, I wouldn't be here :-). - Brian.

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