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

To: JustTradeEm who wrote (1737)	4/4/2001 5:52:13 PM
From: Susan G	Read Replies (2) \| Respond to of 2477

They reconfirmed the INCREASED guidance. Rock on BEAS, its up to 23 5/8 now. Dow Jones Online News, 04/4/2001 17:19 BEA Systems To Reaffirm Confidence In Increased Guidance SAN JOSE -(Dow Jones)- BEA Systems Inc. (BEAS) Chairman and Chief Executive Bill Coleman plans to reaffirm confidence in the increased guidance for fiscal 2002 provided on Feb. 22, the company said in a press release Wednesday. The company said on Feb. 22 that pro forma operating earnings would be 3 cents to 4 cents above consensus estimates, which were at the time 37 cents a share. On Monday, BEA reaffirmed the guidance, noting that pricing has remained similar to recent quarters and the company's pipeline continues to build. BEA shares recently changed hands at $21.88 in late trading on Island ECN, after closing at $20.69, down $1.50 or 6.8%, in the regular session. A current Thomson Financial/First Call survey of 26 analysts produced a mean earnings estimate of 40 cents a share for fiscal 2002. The company expects fiscal 2002 revenue growth of 46% to 48%, which would put revenue at $1.2 billion, in line with analysts' estimates. The e-business infrastructure software company said Wednesday that Coleman will discuss the guidance at a private luncheon Thursday. BEA Systems earned $17.1 million, or 4 cents a diluted share, on revenue of $819.8 million for the fiscal year ended Jan. 31. Company Web site: bea.com -Stephen Lee; Dow Jones Newswires; 201-938-5400 (This story was originally published by Dow Jones Newswires) Copyright (c) 2001 Dow Jones & Company, Inc. All Rights Reserved