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

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To: Carpe per Diem who wrote (7464)3/14/2000 11:06:00 AM
From: JSwanson  Read Replies (1) of 10309
 
I'll ask you, if WIND had properly managed analyst expectations over the last 4 or 5 quarters and met or exceeded earnings as a result...where would the stock be right now?

I have no idea and neither does anyone else. Over the short-term, the market is extremely fickle.

You and I just see things differently. You feel that managing analyst and investor expectation is paramount for WIND management. My feeling is that WIND management should focus solely on the company's long-term position in its industry.

Honestly, I would be very concerned if management would focus on short-term movements in stock price (of which they have zero control) at the expense of long-term business initiatives. Over the long-run, five to seven years, the change in stock price will roughly equal the change in the value of the business.

Managing earnings and investor expectation is a folly because it is an attempt to manage something of which WIND has no control. Many companies has tried to do just that and invariably, over the long-run, they have failed. I take the near-term volatility in trade for the long-term success.

Regards

JS
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