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Technology Stocks : Wind River going up, up, up!
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To: Peter Church who wrote (7161)1/28/2000 1:18:00 PM
From: bythepark  Read Replies (1) of 10309
 
Peter,
This looked encouraging so I thought everyone might like to see it.
It's from Jim Jubak of MSN.com's "Market Talk with Jim Jubak".
--alan

>Sent:ÿ1/27/00 11:32 am ÿ ÿ
> I don't see anything going on here but some profit taking on worries about the
> costs of the acquisition. Some investors and analysts still think Wind
> overpaid. Not my opinion. I think you have to pay a premium to buy out the #2
> in your industry. This is also a pretty big acquisition for Wind--larger than
> any it has done in the past--and there is concern about whether management can
> handle it without a hickup. I'm still holding. Just take a look at the chart
> if you want to see why the stock should be consolidating here. Climb from $18
> to $42 took just about 6 weeks. Too fast and now we're digesting the gain and
> building a base for another leg. That's completely normal.
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