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Technology Stocks : Wind River going up, up, up!

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To: carolyn walder who wrote (2845)3/5/1998 2:05:00 PM
From: J. Kerner   of 10309
 
Carolyn,

I guess we will just have a difference of opinion on this one. I think that the big investors who push the stock are looking at future earnings, not past earnings. I can give you a hundred examples of transactions similar to Wind where investors looked beyond one time earnings charges. I can also refer to a number of companies that are trading at astronomical PEs because earnings 2-3 years in the future are thought to be promising. The more certain future earnings are, the higher the trailing PE will look.

Anyway, let's both hope that the stock gets past its current doldrums and tracks the growth the company is experiencing.

P.S. It's nice to see the thread getting lively again!

Regards,
Jason
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