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

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To: GuinnessGuy who wrote (1450)7/8/1997 11:26:00 AM
From: carolyn walder   of 10309
 
One would think that the company would issue a press release touting their successful accomplishments with the Pathfinder project, particularly if an officer was going to sell stock, but no press releases have been released - why not? After following this company for a while, I believe that the company uses the media to "manipulate" the stock price. What do I mean by that? The management appears to want to keep the stock price on a steady uptrend with no sharp spikes (either up or down). When the stock appears to be in danger of a downturn, they issue a positive press release (i.e., when they put out the May 27 PR discussing the pathfinder mission). Currently, the stock is doing fine, thus, no need to put out a press release even though it would seem to be a perfect time to highlight WIND's very successful contribution to the project...

I have also come to the conclusion that insider selling has no correlation with WINDs business outlook.

My 2 cents

Carolyn
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