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Technology Stocks : Wind River going up, up, up!

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To: Richard Karpel who wrote (6834)11/20/1999 11:37:00 AM
From: Mark Brophy  Read Replies (4) of 10309
 
Are you joking?

Fiddler's stellar management of the CEO transition.

It cost him $1.3m to recruit an employee with a $240K salary! If he spent proportionally as much recruiting the other 792 employees, the company would be bankrupt! I could've recruited a new CEO for less than $100K simply by attending a few meetings at the Commonwealth and Churchill Clubs!

The MSFT court case had nothing to do with WIND's recent buoyancy.

Take a look at the price chart for Microware. They're a direct competitor of Wind River and doubled on the day the judge released his findings of fact. Wind River fell earlier in the year based on Microsoft fears and rose recently based on the ebbing of those same fears.

The market is even willing to go along with the accounting flim-flam. Since when is hiring an employee and developing admin software characterized as non-operational costs? Have you ever seen anything like it, even from Amazon or AOL? The sad reality is that earnings are declining despite revenue and market share increases. The market would never have ignored that in a less euphoric tech stock market.
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