SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Wind River going up, up, up!

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Allen Benn who wrote (268)10/9/1996 7:26:00 PM
From: Mitchell Jones   of 10309
 
I am a "lurker" on the web and have been for months--- this is my first post.The Wind River thread is the most informative and useful of all I have visited.My sincere thanks for all the valuable information I have gleaned here.Because of your patient and thoughtful tuteledge my decision on Wind River is one of the most comfortable buy decisions in my investing career.

I have nothing to add to the beautiful logic already applied to Wind River;however,I would like to defend the market's action in the CFO resignation and poor quarterly reports you discussed in your last post. The market {properly} recognizes these events as potential upsets in it's control algorithm. Because the market is future based it was compelled to take predictive action based on its experience. It sent an error signal to the RTOS controlling the "embedded system sector" and took the prescribed action. CFO resignations "to spend more time with the family" automatically bring up Edgar on my computer with instructions to search for everything filed by that company in recorded history. In short, the market acted in a perfectly rational manner according to its programming and has continued to correct as more facts became available. It is precisely this overcorrection at the micro level that makes the market so nearly perfect at the macro level.

I agree with your premise-- the market is not perfect:however, this instance did not provide the proof we need.

Why not consider the Market's error in classifying Motorola as a high-tech GROWTH stock?

Mitch Jones
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext