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

To: JakeStraw who wrote (618)	11/20/1998 11:14:00 AM
From: JakeStraw	Read Replies (2) \| Respond to of 2477

BEA Systems plunges, growth seen slowing NEW YORK, Nov 20 (Reuters) - Shares of corporate software maker BEA Systems Inc. (Nasdaq:BEAS - news) plundged on Friday after it warned that weak Asian markets and a slump in capital spending will curb future profits and slow revenue growth. BEA shares fell 49 percent, or 13, to 13-3/8, despite its report late Thursday that third quarter profits of $0.07 a share beat Wall Street consensus estimates by $0.01 a share. It was by far the most active issue in Nasdaq trade, with more than 10 million shares trading hands.