Wind River going up, up, up! Message Board

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

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To: Jim Privat who wrote (378)	11/20/1996 11:55:00 PM
From: Wendell Holmes	of 10309

High PE? Well, WIND added roughly $100 MM in increased market cap today. That's about equal to SIX times this quarter's revenues. Or about 8 years of similar quarters' earnings to make up this increase. I got out due to nose-bleed over high prices here last spring, though, and went short 100 shs last week just to have a hedge if the market turns south. Oh,well. Comments about being a long-term holder are good advice. It would take over a 30% correction to make up for the tax hit for someone selling now and planning to get back in on a dip. Best to all, this group is very informative. Thanks.

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