SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Trend Setters and Range Riders -- Ignore unavailable to you. Want to Upgrade?


To: Connor26 who wrote (3498)11/1/2001 4:30:21 PM
From: Susan G  Respond to of 26752
 
471 blocks on double average daily volume...hmmmm.
I did keep an eye on it today and said to myself this stock is going to break 11 again soon.

It's just hard to tell if it was real buying unless you were watching level II all day, which I was not. Because high volume and high blocks is also a sign of a big DUMPORAMA <g> Especially on days when they are red...

For example - VRSN had HUGE (4 1/2 x average) volume and huge number of blocks traded on Friday...but look at it now!
And volume has been above normal all week too, nothing but sell volume.

The BEAS daily chart has 4 red volume sticks in a row - each one bigger than the last, a warning sign. The volume stick is as high as the one the first week of October at the bottom. So the volume seems great but I really think it's funds dumping major positions still...

I think BEAS is dangerous until after earnings, I will only be scalping it right before the report if it has momo. I think they will guide down and cut estimates drastically, they were always too high. I also think mom and pop have not done their tax selling and after the recent move up are hoping it goes back to 30 this year...



To: Connor26 who wrote (3498)11/1/2001 4:36:30 PM
From: Susan G  Read Replies (1) | Respond to of 26752
 
YIKES!

Just saw this post of Bob's...the news is out, they already missed. So that kind of lets you know it was a dumporama...no wonder it was so heavily traded.

So now we can look for the REAL bottom and buy it too hold on to. I doubt wev'e seen it yet, this was their first miss of estimates in YEARS. Probably retest September lows on the next really down day.

SAN JOSE, Calif., Nov. 1 /PRNewswire/ -- BEA Systems, Inc. (Nasdaq: BEAS - news), one of the world's leading e-business infrastructure software companies, today announced preliminary results for the third quarter ended October 31, 2001. BEA anticipates total revenue for the third quarter to be between $217 million and $221 million, including license revenue between $125 million and $127 million. Based on this estimated revenue, the Company expects to report pro forma earnings per share of approximately $0.05-$0.06 per diluted common share. Pro forma results exclude impairment charges and acquisition-related expenses, employer payroll taxes on stock options, net gains or losses on investments in securities, and other non-recurring charges. BEA will report final third quarter results on November 13, 2001.
VS .08 and @254 revs



To: Connor26 who wrote (3498)11/1/2001 4:46:31 PM
From: Susan G  Read Replies (1) | Respond to of 26752
 
Now here's a stock you can buy the dips on...

A little extended now, so I would wait for a pullback which I think it will do soon....but this stock is a winner.
Still kicking myself for letting go of a position long I held from 20s to 30. Now I just scalp it.

There is short term support right around 46 now.
The chart has a rising wedge right to all time highs so I think it needs a rest.

siliconinvestor.com



To: Connor26 who wrote (3498)11/1/2001 4:54:27 PM
From: Susan G  Respond to of 26752
 
BEA Host Conference Call to Discuss Preliminary Third Quarter Results On November 1, 2001

SAN JOSE, Calif., Nov 1, 2001 /PRNewswire via COMTEX/ -- BEA Systems, Inc. (Nasdaq: BEAS), one of the world's leading e-business infrastructure software companies, announced that it will host a conference call today to discuss preliminary results for the third quarter ended October 31, 2001. Investors will have the opportunity to listen to BEA's conference call discussing these preliminary results over the Internet on the investor information page of BEA's Web site at bea.com . The call will be available live beginning today at 2 p.m. PST, and a replay will be available immediately following completion of the live call and for up to 12 days thereafter. In addition, investors will have the opportunity to access a telephone replay of the call through November 13, 2001 by dialing 703-925-2435, access code 5643301.



To: Connor26 who wrote (3498)11/1/2001 5:11:55 PM
From: Susan G  Respond to of 26752
 
Just heard on cnbs that BEAS is also cutting staff 9 or 10%...



To: Connor26 who wrote (3498)11/2/2001 8:48:50 AM
From: Bob Biersack  Read Replies (1) | Respond to of 26752
 
7:22AM BEA Systems (BEAS) 11.70: CSFB downgrades to BUY from Strong Buy after company preannounces lower than expected Q3 results. Firm cutting Q3 est to $0.05 from $0.10, FY02 $0.29 from $0.39, and FY03 to $0.36 from $0.53. Reduces 12-month target to $16 from $29.