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Strategies & Market Trends : Trend Setters and Range Riders -- Ignore unavailable to you. Want to Upgrade?


To: Susan G who wrote (13369)3/4/2002 10:09:30 AM
From: Connor26  Read Replies (1) | Respond to of 26752
 
09:07 ET BEA Systems downgraded at CEUT (BEAS) 14.01: CE Unterberg Towbin downgrades to Near-Term MKT PERFORM from Buy, due to: 1) on-going loss of mkt share (particularly to IBM), 2) an increased technical focus, 3) a lack of near-term forward catalysts, 4) overall IT spending weakness, and 5) valuation. Trims 2003 ests, but sees value in the shares under $10.