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Technology Stocks : BEA Systems (BEAS) - Undiscovered Growth Stock -- Ignore unavailable to you. Want to Upgrade?


To: Susan G who wrote (1235)5/17/2000 10:14:00 PM
From: kendall harmon  Respond to of 2477
 
BEAS, just one more source which verifies Susan's concern about incorrect information, this from Dow Jones (an excerpt)

<<Bea Systems Inc. late Tuesday posted a latest-quarter profit, excluding special charges, that beat analysts' expectations.

Including special charges, the maker of enterprise and e-commerce software reported a loss of $12.4 million, or three cents a share, for its first quarter ended April 30. That compares with a loss of $4 million, or one cent a share, in the year-earlier period.

The one-time items included nearly $25 million in amortization and acquisition charges. Excluding the charges, the company said its profit was $12 million, or three cents a share, compared with a profit of $3.8 million, or one cent a share, in the year-earlier quarter.

The mean estimate of analysts surveyed by First Call/Thomson Financial was two cents a share.>>



To: Susan G who wrote (1235)5/18/2000 12:05:00 AM
From: sandintoes  Read Replies (1) | Respond to of 2477
 
Hi Susan, well that might explain the dramatic decline after good earnings. Prudential said that it was a hold and down graded it, but I couldn't imagine it would have that big an effect!

These people should always check and recheck their numbers. There is no excuse for an error like that!