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BroadVisionInc. (Nasdaq: BVSN) fell 3 7/8 to 2 13/16 Monday after Robinson Humphrey downgraded the stock, along with the stock of other e-commerce software makers.
Analyst William Chappell said he lowered his opinion on BroadVision (Nasdaq: BVSN) to neutral from outperform because the company was caught off guard by the momentum of Java-based technology, which benefited competitors Art Technology Group (Nasdaq: ARTG) and BEA Systems (Nasdaq: BEAS).
Chappell also cut his rating on E.piphany (Nasdaq: EPNY), which plunged 17 9/16 to 59 1/2. The analyst downgraded the stock to outperform from buy, citing an expected drop in the number of new customers in the third quarter compared with the second.
Also on the Robinson Humphrey downgrade list were i2 Technologies, Inc., which fell 17 3/16 to 169 7/8, and Ariba, which dropped 16 13/64 to 127 1/16.
