Baan (baanf) Lets TALK!!! Message Board

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Technology Stocks : Baan (baanf) Lets TALK!!!

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To: Trader Dave who wrote (712)	10/26/1998 5:59:00 PM
From: Lizzie Tudor	Read Replies (1) of 821

I dont have a short position in Baan, TD. As you know I am short Sap. But it wasnt much of a candidate for a long bounce either imo. All the leaders were up at least or more than Baan on a % basis today - Dell, Aol, Yahoo etc. I think this stock is a laggard and is going to sit around and not do anything, with a trend towards drifting lower. I dont know whether Baanf was oversold, it doesnt look like it, based on the average activity we saw today in this stock. Other apps companies were up way more - I2 13%, Hysl 10%, manu 12%, even Sap was up over 5% today with a bearish hold recommendation from CSB (about the same % move as Baanf). The point being, a Sap long would have been more valuable than a Baan long today if not for the unexpected CSB release. Why anyone would claim Baanf was a good call for long day trade position in this sector today is beyond me.

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