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

To: chojiro who wrote (1906)	5/17/2001 12:57:30 PM
From: Bruce Brown	Read Replies (1) \| Respond to of 2477

Not really sure about the cash flow Bruce. What's your opinion? No opinions. Take a look at the cash flow for this software company according to the most recent 10-K. I'll be watching that in future quarters (as I have in the past) and filings to see how it progresses. In addition, historical backlogs going from Q1 to Q2 need to be known and understood. Based on that history, Q2 will probably do little to offer any constructive direction. So I look for some sort of a base building period during that time frame. I would like to think the $37/$38 area would become an important support level, but who knows? FWIW, I put a stop in at 40.10 this morning but haven't been taken out, yet. I see the Composite has another run just over 2200, and trying to do so again. Do you think it will muster up an afternoon rally? If I could predict such things, I would be in a different location at the moment. It will break 2200 at some point in time. How's that for an answer? As I said above, I imagine BEAS the stock has some base building and trending sideways within a range to do for some time. Plenty of damage to repair from the swipe down as well, but in terms of the youthfulness of the technology and end demand, I would not be surprised to see BEAS (the stock) move out in a leadership role at some point in the future. I imagine trading that range during the base building, once it is firmly established, will be one avenue to take for some traders. Of course, it would please me if it was a tight range with not too much activity... BB