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Technology Stocks : BMC Software -- Ignore unavailable to you. Want to Upgrade?


To: T-Lo Greens who wrote (596)2/25/1999 12:09:00 PM
From: Chuzzlewit  Respond to of 1492
 
Company press release:

biz.yahoo.com

From the release:

The financial statement revisions are presentation matters only and have no impact on BMC Software's historical, current or future operating results.

CTC



To: T-Lo Greens who wrote (596)2/25/1999 1:57:00 PM
From: T-Lo Greens  Read Replies (2) | Respond to of 1492
 
From Briefing.com
13:08 ET BMC Software (BMCS) 40 11/16 -6 1/16 (-13%): --Update-- Issue taking beating after being downgraded from "strong buy" to "accumulate" at Prudential Securities. Firm believes restatement of past revenue to reflect accounting changes to BGS System acquisition increases company's risk profile. Based on restatement, appears that company's growth rate is lower than it initially appeared.