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

To: treetopflier who wrote (600)	9/30/1998 3:20:00 PM
From: JakeStraw	Respond to of 2477

BEA and WebLogic, Sun, and Symantec Present the Business Benefits of Java Technology for the Enterprise Java Technology Industry Leaders Offer 15-City Seminar Series Focusing On the Business Justification for Solutions Based on Java Software And Enterprise JavaBeans Technology SAN JOSE, Calif., SAN FRANCISCO, Sept. 30 /PRNewswire/ -- BEA Systems, Inc., (Nasdaq: BEAS - news) in conjunction with WebLogic today announced ''Java As A Business Solution,'' an educational seminar series they are co-sponsoring with Sun Microsystems, Inc., Symantec, Cloudscape, and SIGS Publications. The seminar is scheduled to be delivered in 15 cities across the country during the month of October 1998. Targeting IT and business unit managers, this complimentary half-day program is designed to provide the quantitative and qualitative business information and tools required to justify moving to a component-based computing model that takes full advantage of the Java(TM) platform and Enterprise JavaBeans(TM) technology. ''This is a defining time in the evolution of application servers,'' said Paul Ambrose, CTO and founder of WebLogic. ''Application servers have become a dominant technology for extending information services across the Internet to customers and business partners. The result has been a proliferation in the number of products that purport to be application servers. BEA, WebLogic, Sun, Symantec, SIGS Publications, and Cloudscape are providing leadership through events like this seminar series to help users identify the right technology for the job and then quantify the impact of that technology on their businesses.'' The ''Java As A Business Solution'' seminar is tailored to corporate information technology professionals who are involved in specifying technology solutions and are interested in how Java technology for the enterprise and distributed computing can impact their bottom lines. Customers wanting to obtain the most current and pertinent resources and information on the business benefits of Java technology as an enterprise computing platform should attend this seminar. Other topics that will be addressed include understanding how a Java application platform can enhance productivity and time to market, speed development, and allow your company to focus on business-critical issues. BEA, Sun Microsystems, Symantec, and selected customers are scheduled to present on the advantages of extending your business across the Internet by leveraging Java and Enterprise JavaBeans technology. Attendees will receive a ''Java As A Business Solution'' toolkit comprised of materials and information critical to building your business case, including a cost analysis worksheet for Java software projects, a Java technology statistics summary, and several white papers supporting the Java enterprise platform for business. Attendees will also receive complimentary subscriptions to Java Report, Component Strategies, and Strategic Platforms magazines. Additional information and on-line registration for ''Java As A Business Solution'' is available at weblogic.com or by phone at 800-WEBLOGIC. BEA Systems, Inc. BEA Systems, Inc., is a leading provider of cross-platform middleware solutions for enterprise applications. BEA's products and services enable mission-critical, distributed applications that work seamlessly in client/server, Internet, and legacy environments. BEA provides transactional, messaging, and distributed object-based software for developing and deploying these enterprise applications. In addition to its product line, BEA provides complete solutions through its extensive partner network, and a full range of services including consulting, training, and support. BEA is headquartered in San Jose, Calif., and has 50 offices in 24 countries around the globe. The company's common stock trades on the Nasdaq National Market under the symbol ''BEAS.'' Additional information on BEA is available on the Internet at beasys.com. WebLogic Founded in 1995, WebLogic is a premier supplier of Java application servers and database integration solutions. WebLogic's Tengah software has been licensed by more than 800 end-users and ISVs around the world to build their applications. WebLogic works closely with the Java industry leaders, including International Business Machines (NYSE: IBM - news), Hewlett-Packard (NYSE: HWP - news), Intel (Nasdaq: INTC - news), Novell (Nasdaq: NOVL - news), Sun (Nasdaq: SUNW - news), Microsoft (Nasdaq: MSFT - news), Informix (Nasdaq: IFMX - news), Oracle (Nasdaq: ORCL - news), and Cambridge Technology Partners (Nasdaq: CATP - news). WebLogic is privately held and headquartered in San Francisco. On September 28, 1998, BEA announced that it had signed a definitive agreement to acquire WegLogic, Inc. The acquisition is subject to certain conditions, including the approval of WebLogic's shareholders and is expected to close today. Information about WebLogic's products, services, and technology partners can be found at the WebLogic web site at weblogic.com, or by telephone at: 415-659-2600. NOTE: BEA is a registered trademark of BEA Systems, Inc. WebLogic is a registered trademark of WebLogic, Inc. Sun, Sun Microsystems, Java, and Enterprise JavaBeans are trademarks or registered trademarks of Sun Microsystems, Inc. in the United States and other countries. All other company and product names may be trademarks of the company with which they are associated. SOURCE: WebLogic

To: treetopflier who wrote (600)	9/30/1998 6:42:00 PM
From: softcash	Read Replies (2) \| Respond to of 2477

ttf, I have a tendency to agree with you However, BEAS has shown strength today considering many stocks took a pounding today and considering the recent downgrade. I was surprised that the acquisition didn't happen sooner. I was thinking mid-late August. BEAS is putting alot of effort towards JAVA and the WEB. Symantec and the latest purchase. If you recall BEAS' behavior from mid July to the beginning od September, BEAS went down in sync with the NASDAQ index. Today IT DID NOT FOLLOW IT DOWN. It is normal to loose 10% or more on an acquisition announcement and normal to loose 10-20% on a single downgrade. So far due to both of these fundamental events BEAS is down from 25 to 20 (low for today) to close at 21 5/8. They have broken the downward trend due to both of these events. The BIG surge at the end was a small vote of confidence in an otherwise confused NASDAQ market. In order for BEAS to go down it needs bad news. There are only two things on the short term horizon: overseas reaction (yet to come) to US markets losses made today and possibly the next 3.5 weeks (max) and upcoming BEAS earnings release. If the market can make it to the last week of October without crashing, the US market and BEAS should do okay for several months afterwards. October is the KEY! However, this is where my biggest doubts are. I have a tendency to agree with you in this regards, that the US markets will have several very disappointing earnings releases around mid October. This will affect everyone including BEAS. If it happens I expect BEAS to approach its recent low of $15-16. $10, I doubt it very much. I would believe $15 much more than $10, especially with a good earnings announcement in October, and even more especially with a stabilization of the US and world markets.