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 Technology Stocks : BroadVision (BVSN)

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To: GraceZ who wrote (1876)8/21/1999 4:42:00 PM
From: HECTOR RUBERT of 3773
 
Dear Grace...I too believe this issue will see 100 on Tuesday's market rally. However, there are many shorts already eyeing this issue for a fall.

91 is a fair price based on a premium to earnings multiple and expectations of faster revenue growth with its recent deal announcements with major companies such as HomeDepot and others...

However, the markets are very quick to punish high pe stocks on any change of market sentiment.

Currently the market sentiment seems to want to push stocks higher. But as we all witnessed, this can change overnight.

Best,

Hector
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