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Pastimes : Ask Mohan about the Market -- Ignore unavailable to you. Want to Upgrade?

To: MythMan who wrote (14439)	2/26/1998 10:26:00 AM
From: Cynic 2005	Respond to of 18056

To all, I just bought some BEAS (middleware software company) as a momentum play. Earnings will be out today which I think will be good enough to sucker in a lot of momentum players tomorrow. The stock just recently broke-out from a 6 months' high and pulled back a little - a classic time to get in when the earnings might be on the upside surprise list. I am not sure if the earnings will be a big surprise. But 3 directors put a lot of their own money (over $2 mil) on the line in mid January around $18. I guess they know something we don't. Besides, I know a person in the financial industry who works with their products. He just loves the products. (me know not much about the products.) He is a savvy investor himself. He bought BEAS at 6.5 and holding on to it (now at 24.5). Tread and trade with DD. cbs.marketwatch.com -M