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

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To: Allen Benn who wrote (9584)5/7/2001 10:24:46 AM
From: Richard Knox  Read Replies (1) of 10309
 
"But, if the company actually might make its earnings guidance, why the warning, even
though revenues will be down?"

WIND said in their release...

`In the near-term, the challenging environment will most likely result in fiscal second quarter revenues
below fiscal first quarter revenues. At this point, it is unclear when the environment will
improve..."

They didn't really warn for the first quarter, I agree. But they've lowered or eliminated guidance for the second quarter and for the rest of the year, which should have been expected in this difficult environment. I think the warning was much more related to this than to the upcoming product announcement(s).

Rich
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