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Technology Stocks : BroadVision (BVSN) -- Ignore unavailable to you. Want to Upgrade?


To: David R. Doerr who wrote (707)9/25/1998 3:30:00 PM
From: Edward F. Horst Jr.  Read Replies (1) | Respond to of 3773
 
I believe this is clearly an example of money managers who shoot first, then ask questions. They can be led around by the nose so easily, IT'S FRIGHTENING! BVSN interest income was clearly on the P&L, as usual for all "WHO LOOKED" to see. Nothing unusual. The deal with IONA is done by many companies, which doesn't seem to be understood by the author of the cautionary report. I saw it trade near the $11 1/2 level, which on the chart was the lowest level since the single digits earlier this year before it moved up. The company said the quarter is in place and nothing has changed. I believe management -- their track record of doing what they say is much stronger than some ????? writing a report. Has that person ever been to the company? Met any of the executives? Anyhow, I bought a few thousand more in the 11's today. I wouldn't be surprised to see it retrace to $22 quickly, as soon as all the scared money managers clear their positions. They'll be back! I never thought I'd get this chance to buy more at these levels.