Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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.

Technology Stocks : BEA Systems (BEAS) - Undiscovered Growth Stock -- Ignore unavailable to you. Want to Upgrade?

To: treetopflier who wrote (507)	7/20/1998 12:02:00 PM
From: treetopflier	Read Replies (1) \| Respond to of 2477

Boing! Going up... Looks like the stops were a little tight. Now they get to chase the other way to get back in after the big dump at the open. Should close within 1 of the old price by end of day. Can we sustain over 24? Yes. Did we need today's stop busting action to get there. Yes. So who made the 30% on the blocks dumped this a.m.? No doubt in around 18 to 19. Nice play. Thanks for the excitement. Not for the weak... Meanwhile, some news would still be helpful on the upside BEAS.

To: treetopflier who wrote (507)	7/20/1998 4:50:00 PM
From: Boyce Burge	Read Replies (2) \| Respond to of 2477

This is the bad news... but it is mostly positive. Still a lot of fear outthere that wont be resolved til the august announcement of earnings. Bea Systems Down 6%; D. Rauscher Sees Back-Ended 2Q Sales By Maria V. Georgianis NEW YORK (Dow Jones)--Bea Systems Inc. (BEAS) fell as much as 12% Monday following Dain Rauscher Wessels analyst Marshall Leisten's morning comments that the software company's fiscal second quarter was more back-end loaded than usual. Leisten expects slightly more than 50% of Bea Systems' sales to close in July, the final month of the quarter. Typically, he said, the company generates about half of its revenue in the third month of a given quarter. Leisten maintained his second-quarter earnings estimate of 7 cents a share, saying Bea Systems has an "extremely healthy" pipeline of prospective orders in the quarter. The analyst said the company attributed the slight rise in the amount of sales expected this month to an increase in average selling prices. Bea Systems Chief Financial Officer Steve Brown confirmed Leisten's information, but he said it was nothing that hasn't been previously reported. Brown declined to specify what percentage of revenue was expected to be generated in July. Bea Systems, which is in its quiet period, plans to report fiscal second-quarter results Aug. 20. The company develops middleware, or software that helps glue together diverse computer systems and software written for different platforms so the pieces can communicate with each other. Bea was recently off 1 9/16, or 6.5%, at 22 5/8 on Nasdaq volume of nearly 2 million, compared with average daily volume of 651,100.