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

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To: Allen Benn who wrote (953)4/23/1997 5:54:00 PM
From: F. Foos   of 10309
 
A lurker rises to the surface.

Book value is commonly used to evaluate financial service companies ie. banks and S&Ls. I can't recall ever seeing BV applied to the valuation of technology companies.

If we stop trying to apply BV where it is not applicable and accepted that the earnings stream grows at a 32% annual rate, we would see that the investment would double in value in about 28 months. If the 32% growth rate could be guaranteed, the market would probably bid up the value by 4X on tomorrow's open.

Allen, your silence has been deafening. I promise not to spend any more time trying to read the knots on some short-seller's head. I've stepped back from the present market situation and refocused my thoughts upon the BIG PICTURE. The future for WIND does look really good. My guess is that when looking back from the year 2005, the difference between $18 and $28 per share, will seem miniscule when compared to what the value of WIND has grown to by then.

Frank
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