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Technology Stocks : Wind River going up, up, up!
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To: R Sandvig who wrote (5608)6/25/1999 1:47:00 PM
From: American Spirit  Read Replies (2) of 10309
 
Not a company shill. More objective reporting from annual meeting just repeating what was said and felt there.

Ronald Ableman had something to say for those looking for investment results in the short term. Namely, that he had no idea what how the market would value the stock (over the next six months or so) and one should look elsewhere or not be in the market at all if they were "nervous" investors worried about the short term. But that if you had a longer term outlook, then, in his opinion, WindRiver stock was a great investment. He personally felt that the stock deserved to be in the $25 to $30 range, and "suspected" it would return to those levels in the not to distant future. Though wanting to soothe sharholders' concerns about the stock price, both Mr. Ableman and Mr. Fiddler gave the direct impression that they really were not concerned about it because they were busy building the company and that it (the company) was executing on plan nicely, was stronger than ever, increasing margins and marketshare, and moving into an era that put Wind River in the middle of the action for sometime to come. They were convinced the company is going to be sucessful and that the stock will follow. I can only say that the meeting was very upbeat. EVERYONE seemed to go away happy and feeling good about the company's prospects. If you were hoping for news that would make the stock jump 4 four or five points, forget about it. It's business as usual. And as usual at Wind River the last few years, business is good and getting better. Even if the stock price doesn't indicate it. -G44

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