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Updated from 8:05 a.m. EDT
After more than two difficult years of executive departures, declining license revenue and a stagnant share price, BEA Systems(BEAS Quote) is once again on the radar screen of investors.
After losing 28% of their value in 2004 and gaining just 6% last year, shares of the business-software vendor have appreciated by 31% in 2006, despite a 3% drop in the value of the tech-heavy Nasdaq and a 9% drop in the Goldman Sachs software index.
Not surprisingly, the company's recovery has a lot of moving parts -- but one factor stands out: BEA's management was quick to embrace one of the industry's hottest trends -- a new way to design software known as service-oriented architecture, or SOA. ...
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