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

To: Box-By-The-Riviera™ who wrote (880)	6/3/1999 9:40:00 PM
From: vibaby	Respond to of 1492

profit-taking. i knew that I and several others liked the quick rise to $50 and we all wanted to sell between 49-50

To: Box-By-The-Riviera™ who wrote (880)	6/3/1999 10:33:00 PM
From: Douglas V. Fant	Read Replies (1) \| Respond to of 1492

Joel, Yes as Vibaby noted, profit taking: BMCS -- Applicatn Sftwr -- Technology 03-Jun-99 14:41:33 Shares of BMCS are experiencing some profit-taking following 4 consecutive sessions of gains that saw the price jump 12.5% from $44 15/16 to $50 9/16 at yesterday's close. The stock has backed down to $47 11/16, with a loss of $2 7/8. Today's trading is mainly attributable to profit taking by institutional investors, as well as some speculative trading from short-term oriented investors, including market makers and retail day traders. Approximately, 36% of today's volume is related to block trading. Post-trade data, per AutEx, shows involvement from multiple market makers in today's session - Merrill Lynch is the largest reporting broker claiming about 700,000 shares in trades while Salomon Smith Barney is the second most active at 300,000 shares. Also FYI , another software stock that took a nosedive a la BMCS, ORCL, and RMDY did over the last eight weeks but looks like a decent value may be CSGS- I bought a few shares today hoping that it would recover similarly as its software compatriots....