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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank -- Ignore unavailable to you. Want to Upgrade?

To: Connor26 who wrote (112819)	8/30/2000 1:38:20 AM
From: Susan G	Respond to of 120523

Connor, this was the update in the Netbulls.com newsletter tonight on BEAS BEA Systems, Inc. - BEAS $61.88 +2.25 (+2.25 this week) Buoyed by the excitement from the Tuesday announcement that it was selected by British Telecommunications to build their e- commerce infrastructure in a multi-million dollar, multi-year strategic deal, BEAS cleared its near-term resistance at $60.00 on heavy volume. Bounces off the 5-dma were picture-perfect entry points today as BEAS propelled itself upward - closing near the high of the day. The bullish wedge we referred to in Sunday's posting looks to have been resolved to the upside as the surge today was backed by volume. In addition, BEAS also formed a bullish "hammer" signal in today's trading which portends good things to come. Continue to ride the current momentum as the next overhead resistance isn't until $72.00. In other news, BEAS unveiled on Monday a unique, new Web site designed to foster greater understanding of the e-generation. BEAS is underwriting the site as a public service to anyone interested in anecdotal evidence of how the Web is impacting our lives. Picked on August 27th at $59.75 Change since picked +2.13 Earnings Date 11/14 (Not Confirmed)