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: treetopflier who wrote (488)	6/9/1998 7:48:00 PM
From: Saulamanca	Read Replies (1) of 2477

I don't know, but it looks like you might have some answers Friday. BEA Systems will offer $150 million worth of bonds in the coming week, a large investor in the middleware company told CBS.MarketWatch.com. Goldman Sachs, BancAmerica Robertson Stephens, BT Alex. Brown -- which also brought the company public and handled a follow-on deal last year -- are working the debt offering, the source added. A spokeswoman for the company, which has a market value of $1.6 billion, declined comment. However, she did say BEA (BEAS) executives were meeting on Friday with investors. BEA already has indicated its intention to return to the bond market for more financing. Two weeks ago, the company bought TOP END for an undisclosed amount from NCR Corp. (NCR). At the time, BEA noted that although the company "has the cash required to complete the TOP END acquisition, it intends to pursue additional financing through the capital markets." Middleware allows different software applications to communicate with each other. Jim

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