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Strategies & Market Trends : NEW Market Gems - Swing and Day Trades -- Ignore unavailable to you. Want to Upgrade?


To: Dave Gore who wrote (1027)6/13/2001 11:42:24 AM
From: Dave Gore  Read Replies (2) | Respond to of 1227
 
BEA Systems (BEAS) 36.65 +0.14: Before the open, ABN AMRO reiterates BUY rating and price target of $55; conversations with partners and customers indicate that company has maintained its market share and technological lead over IBM, despite some discussion in the investment community to the contrary; while most companies expect some IT spending contraction in Europe, they do not expect a slowdown of the magnitude experienced in the United States; current quarter is progressing much the same way as the last with customers being cautious and looking for the solutions that add the most value, but they are still committing dollars to software purchases; however, believes that BEA's application server remains a high priority purchase for many customers.