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Technology Stocks : Wind River going up, up, up!
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To: Starlight who wrote (4651)4/6/1999 12:04:00 PM
From: stan s.  Read Replies (1) of 10309
 
Window dressing (funds) ends 3 days before the end of a quarter. So the selling in the last 7 days or so is an absolute vote of no confidence in WIND.

If the selling is by funds, they have concluded that WIND has no hope of a quick recovery. Remember the last few days of selling still reflects (in most cases) big losses by the seller especially if by funds that bought in months ago.

I wish I could buy into the argument that it's part of the small cap or sector phenomena. I can't. To me that's only a part of the problem.

The severity of the drop and WIND's previous position as a leader of small caps (based on stock performance as well as earnings) precludes that luxury.

Stan...just dropped into the 13's. WIND that is.
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