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

To: sandintoes who wrote (1892)	5/16/2001 12:56:42 AM
From: Susan G	Read Replies (1) \| Respond to of 2477

I guess brk is NOT going to get his wish <vbg>

To: sandintoes who wrote (1892)	5/16/2001 3:41:49 PM
From: Nadine Carroll	Respond to of 2477

Peddling misinformation has become standard practice on Wall Street: "BEA (BEAS: news, msgs, alerts) reported pro forma first-quarter profit of $35.9 million, or 8 cents a share, up from $12.4 million, or 3 cents, a year earlier. Results beat the estimate of analysts polled by First Call/Thomson Financial by a penny." BEA made 5 cents a share, not 8 cents. 8 cents is pro forma earnings, meaning net income less any expenses the company feels like excluding. But who's counting? None of these so-called analysts, that's for sure. Now BEA's a great company, no doubt about it. But don't you think that BEA's turning into the next Oracle has already been priced into the stock? It's a high price to pay for 5 cents of earnings in a volatile and difficult market.