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: growthvalue who wrote (577)	9/10/1998 8:20:00 PM
From: softcash	Read Replies (1) of 2477

Hello, Thank you for the well thought out response! I gave a few examples - there are many more. Further more most of those examples have show declines in prices over a long period. Anyway, what do you think about last quarter's profits? Aren't you aware that they declines 1.5% as compared to the previous year's quarter? This is what some people have called a profit recession and has been a leading indicator of recessionary pressure. Also, since an increasing number of our trading partners are experiencing either deflation or recession it will and has had an affect on our economy. Greenspan (finally) admitted this just recently. As far as Y2K - I still do not consider it a problem! I worked at a software company that sold software than cost 6 digits. This company experienced a downturn starting last fall due entirely to ASIA. The Y2K problem is overblown - it's fairly easy to fix. The $1 billion company I worked for fixed their Y2K problem in a couple of days-across the entire product line! Most companies making estimates for the fix are overestimating the time and money it takes. One recent example was NASDAQ, they finished very quickly - so quickly they surprised themselves. I think the biggest Y2K problem is NOT software at all. If there is any Y2K problem, it's if Nostradomus will be right or not! I think most people will be worried about that! That alone may cause panic - I expect it will. It's the end of a 2,000 year period and that has special significance in Hebrew/Jewish religious beliefs. Regards

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