SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : BEA Systems (BEAS) - Undiscovered Growth Stock

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: growthvalue who wrote (579)8/31/1998 5:45:00 PM
From: treetopflier  Read Replies (1) of 2477
 
Killing the wounded

for softcash -- from Fleckenstein last Friday (www.stocksite.com).

<The Japanese 10-year bonds (JBG) closed at a yield of 1.06 percent. Talk about low interest rates; that certainly hasn't helped the market.>

Guess I'd have to agree there, wouldn't you?

As for BEAS, it has reached $15 WELL AHEAD OF SCHEDULE. I hadn't anticipated this level until late this year. What does it mean? It means lower still. We are likely to see $12 by the end of September. It may be below $10 by yearend.

I never thought I'd be saying that. Less than 6 months ago I was holding it at $28.5, was up a couple hundred grand and thought the world was a swell place. Guess it was just a swollen place...

ttf
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext