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Technology Stocks : Wind River going up, up, up!
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To: F. Foos who wrote (4117)1/26/1999 1:43:00 AM
From: Richard Karpel  Read Replies (3) of 10309
 
Frank:

1. I had a lot of confidence in WIND until Friday.

2. The three major sell-offs in the past were market-related, not company-specific. This sell-off was company specific.

3. Your analysis of the market's reaction the last two days is wrong. The panic ended yesterday at about 1:20 p.m. at the price of $30 per share. Today's open was nothing more than a dead-cat bounce. All those shares trading hands today were just short-term traders playing the bounce. They won't be back. Volume will level off tomorrow and the stock will settle in the low 30's.

4. The only blame I'm trying to fix is on Dick Kraber. Perhaps you would like to come to Mr. Kraber's defense. Please do, I'm all ears.

5. What "baseless accusations" are you refering to? I didn't accuse Mr. Benn of anything. I'm simply asking him to be accountable for statements he has made on this thread. Do you have a problem with that?

Thank you so much for your advice on how to invest. I'll take it under consideration.
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