BEA Systems (BEAS) was down 9.7% in midafternoon after Deutsche Banc Alex. Brown analyst Jim Moore said he was concerned e-commerce software comapny wasn't meeting its sales quotas. Moore also said BEA's components business was down 40% in the April quarter.
Giga Information Group
said BEA isn't gaining market share as fast as
, an indication of intensifying competition for BEA. Moore said new products to be released this summer could ease some of that pressure.