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Technology Stocks : Wind River going up, up, up!
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To: Allen Benn who wrote (2151)9/27/1997 2:21:00 AM
From: Richard Karpel   of 10309
 
Allen, your restraint in the face of Kris Hatfield-type provocations is admirable. If it was me, I probably would have lashed out and responded as follows:

1. Western Digital is a $4 billion commodity business with profit margins of about 8%. Therefore, it's ludicrous to compare WDC's price-to-sales ratio to WIND.

2. Congratulations on your good fortune to have purchased WDC at the exact moment that it hit its lowest price since November '96. You now have a gain of approximately 78%. Of course, if you had bought WIND during the same period when it hit its low ($19.50 on April 22) you would be up over 100%.

Hatfield, if you're going to come here and dis the professor, you're going to have to show up with better stuff.
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