Try using one transaction per page load (preferably with one EJB call in case of CMT). You
might have to use wrapper transfer objects (which are considered not necessary nowadays)
to wrap entities of different types.
This made big difference in my case. Do not forget to cache JNDI lookups.
See also other people experience here:
http://www.jboss.com/index.html?module=bb&op=viewtopic&t=105674
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