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Strategies & Market Trends : Angels of Alchemy -- Ignore unavailable to you. Want to Upgrade?

To: 2MAR$ who wrote (16319)	10/9/2000 4:27:35 PM
From: 2MAR$	Respond to of 24256

BroadVision Up -3: Dain Rauscher Reiterates Strong Buy Dain Rauscher Wessels released a Monday research note, reiterating a strong buy rating for BroadVision as well as for competitor Vignette Corp. (VIGN). In the note, Dain Rauscher analyst Stephen Sigmond wrote that while "fear, uncertainty, and doubt are reigning supreme on Wall Street" due to the recent implosion in e-platform stocks, this pessimism is not justified by the sector's current fundamentals. The sector remains strong and companies are still buying Internet infrastructure software, Sigmond told Dow Jones Newswires, but businesses are just "getting wiser" about which vendors have the stronger solutions. Moors & Cabot Technology analyst Roy Lobo said the reiterations may have contributed to the rise Monday in shares of BroadVision and Vignette, but said the companies' strength strength in their industry isn't "shocking news." Shares of Vignette Corp. closed Monday hands at $26.13, up $7.44, or 39.8%, on volume of 7.9 million shares. Average daily volume is 5.1 million shares. (MORE) DOW JONES NEWS 10-09-00