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

To: Talk_cents who wrote (553)	8/19/1998 6:24:00 PM
From: Talk_cents	Read Replies (1) \| Respond to of 2477

ttf, I have data for my opinions, DO YOU? BEAS reported 0.07/share as expected from most analysts. Personnally, I put them at .08-.09. Too optimistic. My data for my opinion -> I thought that the new M3 product released just before the quarter would provide a revenue boost to the last quarter. Perhaps it was too late into the quarter? Furthermore, there was a news release that stated that BEAS' will be alittle more weighted in the last month of the quarter than usual due to higher average prices.

To: Talk_cents who wrote (553)	8/19/1998 6:44:00 PM
From: treetopflier	Read Replies (1) \| Respond to of 2477

Get a haircut talk_cents. <either sitting on the sidelines because of losses in the past or if you are investing, you are heavily short!> Yes I am on the sidelines. No it is not because of losses in BEAS, although I have many friends who didn't get out at $24 like they should have who now have to ride a long while to get back to that level. I made a great deal in BEAS. It is NOT on my SHORTS LIST. If you want that list check my profile. <Also, your use of the word clobbered is perhaps too strong.> No, they'll get clobbered AGAIN tomorrow. Off a buck or better and mid-teens by the end of August. Put your estimate out there and we'll compare numbers in two weeks. Did you carefully track the stock's behavior after their last two earnings announcements? All they did this quarter was make earnings, not exceed them, not BLOW THEM OUT. In the tech marketplace today, unfortunately this means they won't support the whopping PEs that they might have as little as 6 months ago. Remember this stock has been in the upper $20's twice. We very nearly hit $15 less than two weeks ago before all this euphoria began about the possibility of a better than expected quarter and some analysts hyping it again for their own short term benefit. The analysts ARE on track with their earnings estimates for BEAS. So what PE would you assign to it with that knowledge? The market doesn't seem willing to do triple digit PEs or even a good ole 70-80x right now. <Question for you: if sound view and Cowen reiterated s.t.b. and strong buy respectively, do you think they would have done so if they thought the trend was to 15 like you so strongly believe? Perhaps Soundview and Cowen have resources and data that make them think that the trend is upwards rather then downward??> I don't think either Cowen or Soundview have a clue why this stock isn't performing better than it has. They have clients that probably aren't very happy with them. They came out with this ahead of earnings, and the stock moved up in response. Then sharply lower ahead of earnings. Draw your own conclusions about their actions. <Another question, if you apparently hate BEAS and if you are not shorting the stock, why do you bother with it???> Here's where you need to buy a vowel talk_cents, read my earlier posts about BEAS. I am very pro-BEAS and I'll be back when it looks at ALL like the entire tech sector wants to do something besides puke on us. Had I hung on, my margin calls would have wiped me out at $16.5! A little more over the ears? ttf