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

To: Adam Smith who wrote (1448)	11/16/2000 1:18:06 AM
From: Susan G	Read Replies (1) \| Respond to of 2477

Estimate Changes BEA Systems, Inc. (NASDAQ:BEAS) ($70.94) F2001 EPS: $0.24 from $0.22 F2002 EPS: $0.37 from $0.31 Buy Alex Baluta, Internet & eCommerce Applications Mark Perutz, eBusiness Infrastructure "BEA Systems reported strong results yesterday for the third quarter fiscal 2001 with total revenues increasing 77% year-over-year," said Baluta and Perutz. "The company reported revenues of $224 million and an operating EPS of $0.07, surpassing our estimates of $207 million in revenue and EPS of $0.06. It is our view that BEA continues to build momentum as the leading software infrastructure platform for e-business, and has now posted four consecutive quarters of over 75% year-over-year revenue growth. Leading with its WebLogic application servers, we believe BEA is solidifying its claim as the top vendor of a comprehensive eBusiness infrastructure platform. The company is within reach of becoming the de facto standard platform for powering eBusiness, in our view. We reiterate our Buy rating." Robertson Stephens Daily Growth Stock Update 11/15/00 quote.com