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Technology Stocks : Wind River going up, up, up!
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To: Joe Smith who wrote (5437)6/10/1999 7:18:00 PM
From: JPhilipS   of 10309
 
I stated my point about the annual report as a supporter of WIND.

The fact is, all companies have various constituencies: customers AND investors included. Customers buy the product. Without them why have a company? Any company ignores its customers at its own peril.

Stock holders provide the capital to allow the company to function. They, too, have made a purchase -- a purchase of a small piece of the company. Can a company ignore them? Most of us on the board are investors; I doubt many are customers. I think it's natural that we speak from the point of view of investors.

Not all the institutional representatives or individuals who own WIND stock are literate in the technology. Providing the people who may choose to provide more capital with clear, persuasive insights into a company's activities seems like a good investment for any company.

Even when WCOM was small, their annual reports made me want to buy more stock. I did, and I am glad they encouraged me.
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