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: contax who wrote (6495)	10/18/1999 1:19:00 PM
From: Peter Church	of 10309

We may see 15 before we see 25. It looks to me that some folks have been riding the oscillations between 18 and 20 for the past 3 weeks. It seems to work: Sell at 20 and buy at 18. We could break out to the 20's easily but then that darn Bear seems to be waking up. WIND got left out of the Nifty 50 stocks to buy this year. No one said that the world (or the stock market) would be rational or fair. At least not in the short run. Meanwhile, did anyone notice INTS's earnings report? Didn't look too great: 10% revenue growth over last year's quarter. WIND's 27% revenue growth looks impressive by comparison. Acquisition of Software Development Corp for $40M including $20M in goodwill. That goodwill part seemed quite expensive to my unschooled mind. Is that typical? WIND seems to be leaping ahead of the competition.

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