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

To: Howard Bennett who wrote (1350)	9/27/2000 2:05:54 AM
From: cmchang	Read Replies (1) \| Respond to of 2477

Are you saying that a double-top (around 80 this past Monday) is relevant on a one day chart? If so, you can probably find lots of those. :) I believe double-tops are more relevant over a longer period of time(at least more than one day) as your earlier post's link showed. BEAS has hit a new high. Usually a bullish signal. I'm hoping for new sky. However, the whole market has to cooperate. Given we've done ok on a not so great market, if it turns, it will be better for BEA. Good luck to all longs.

To: Howard Bennett who wrote (1350)	9/29/2000 12:47:06 AM
From: DJ Clancey	Read Replies (1) \| Respond to of 2477

Thanks for the info. I get what your saying... Just not sure I see that clear of a pattern at this time. Aside from chart patterns, BEA is selling a boatload of software. As Oracle claims that they are at the core of everybody's Internet infrastructure, I think BEA will be able to make that claim at some point in the near future. Databases are necessary, but middleware and caching are the items that are going to make applications viable for Internet reality. As most people didn't understand databases for a long time, the investment community is still fairly clueless about technologies such as middleware. DJ