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Technology Stocks : BroadVision (BVSN)
BVSN 4.410-0.5%May 18 5:00 PM EST

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To: David R. Doerr who wrote (1424)4/20/1999 7:59:00 AM
From: gizelle otero  Read Replies (2) of 3773
 
I. too, am licking my wounds. Down about 50%, as I am in options on BVSN.

Some things about yesterday and this week are keeping me hopeful for a quick recovery:

1. Very light volume on sell-off. It seems the MMs were really pulling teeth to get anyone to sell, although the very thin nature of this stock made the downturn worse (about -25%).

2. Good news today from USAA. It's a big, powerful insurance company.

3. The earnings report on Thursday will calm fears, if Pehong handles it right. This is the time to announce a split and get rid of this damned volatility! More shares are desperately needed.

4. I think there is a real possibility of several analysts raising BVSN from "Buy" to "Strong Buy", due to the knee-capping we have taken over the past several sessions.

Best of luck to all longs. Time heals all wounds. I remember BVSN falling aroung 20% to $29/share earlier and being above $45 one week later. Let's hope history can repeat itself!
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