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Technology Stocks : Wind River going up, up, up!
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To: Joe Smith who wrote (5657)6/29/1999 6:58:00 PM
From: American Spirit  Read Replies (2) of 10309
 
Want me to look up the name? I'm busy. Let me see, Abelson?

Hey I may not be able to tell an imbedded chip from a hole in the wall but I can sure smell value in an up market.

same thing I saw recently with ORCL and BEBE, going down down without any good reason then all of sudden they're the darlings again. Nothing had changed. The shorts just covered and everyone loves a winner. But if you try to buy low sell high like me you look for good stocks going down with good earnings then try to catch the bottom, average down if you have to then hold and wait and try to be patient.

Remember WIND was recently at 34. It's down more than 50%. Have their earnings been cut in half? Not hardly. In fact I agree with Jubak and expect them to grow back to 30-40% again.

And at the very least when the new CEO is announced we will definitely rally. IMHO of course.
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