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To: Lizzie Tudor who wrote (13540)8/19/2002 8:11:39 PM
From: fedhead  Respond to of 57684
 
money.cnn.com



To: Lizzie Tudor who wrote (13540)8/20/2002 2:48:19 PM
From: Bill Harmond  Respond to of 57684
 
14:43 ET BEAS BEA Systems: TWP comments on departure of Sales Pres (6.46 -0.63)
Thomas Weisel Partners sees near-term execution risks as mgmt undergoes overhaul. Latest departure is Pres. of Worldwide Sales, Matt Green, who resigned today. In the last 3 months BEA has a new Chairman, new head of integration, new head of sales, new head of product strategy, and new head of product management. TWP believes this signifies an effort to allow the company to broaden its product line and customer base. While sees near-term execution risks, views strategic direction as a long-term positive.