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: Starlight who wrote (3909)	1/22/1999 3:28:00 PM
From: BRANDYBGOOD	of 10309

Betty and all, I don't think this drop in the price has anything to do with a split. Securities never, ever split mid-day on a trading day. This has to do with earnings warnings by this company. See a few messages up someone (DD) posted a bloomberg article. For some reason, that caused this stock to be way oversold. I bought it at 31 3/8 4k shares. That's 3 pts off of the 52 week low. I'm not long this stock, as I like more momentum and volume and usually buy and sell much larger cap co's. However, I too believe that this is a fire sale. I can't see the company announcing a 3-2 split then turning around and announcing poor earnings for the quarter. That make no sense. I have made alot of money purchasing shares of companies that were oversold for one reason or another. (TLAB, BMCS, BEAS, ASND, etc.) This is one of those. Brandy

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