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

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To: lkj who wrote (9653)5/18/2001 3:01:41 PM
From: Peter Church  Read Replies (2) of 10309
 
Hi Khan,

Are you saying that the company has become overextended through purchases that can't be well justified in this environment?

The last two were relatively cheap and hopefully not a big drag. Saving cash and patiently waiting for the big axe to fall would be my attitude right now. Many of their competitors will be on the verge of bankruptcy soon. They have the same problems or worse and will be cheaper to buy out later. But it's a tricky situation and I can't fault management for carrying out their business plan. Would you discourage them from making more acquisitions?

About the downturn, we pessimists were right! But, business owners operate with a slightly different mentality than investors. They have to think more long term, charting the future course. Just let me know when Elmore starts buying shares again. I'd like to join him there.
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