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Technology Stocks : BroadVision (BVSN) -- Ignore unavailable to you. Want to Upgrade?

To: paper man who wrote (2171)	10/19/1999 3:16:00 PM
From: Wizard	Read Replies (1) \| Respond to of 3773

I have a simple word of advice in trading BVSN: don't buy or sell based on P/E, its not a good indicator or future stock performance. BVSN is where PSFT was in 1995. Its trading at a bigger valuation than PSFT did but its hard to compare 1999 to 1995 as the internet has gone mainstream since then. I don't know if BVSN is a screaming buy here or not but if you average in between now and whenever the next tech correction has hit, you will be fine. If you try to trade it on its P/E, you will never own a leading tech stock. If you are looking for low P/E stocks, trade casinos or defense or bank stocks. If you are looking at tech stocks, own the leaders in the best segments and buy 'em when they correct 20-50%.