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

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To: kris hatfield who wrote (1272)6/10/1997 6:02:00 PM
From: David R. Lehenky   of 10309
 
Carry your logic one step further, Kris - they aren't selling WIND
either. It has had substantial support at 30-31 for the last couple
of weeks. The conclusion I would draw is that WIND, in today's market
(read: cautious), is reasonably priced in the low-to-mid 30's. Recall
that someone bought this stock up from 19. Maybe they were the smarter
mutual funds ;-) If you like trailing PE as a RELATIVE measure, WIND
was trading in the 90s late last year. Lately, its been 65-70. Just my
2 cents.

-Dave Lehenky
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