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

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To: tinkershaw who wrote (10054)5/9/2002 7:10:01 PM
From: ratan lal  Read Replies (1) of 10309
 
This data could be old or incorrect (YHOO Financials), but if true then

WIND lost $4.85 per share
WIND has a book value of $4.31 (so current price is 1.35 x Book)
WIND has cash of $1.95 per share
If it continues to lose $4.85 per share, then it will be out of cash in 6 months.
WIND has an accumulated Loss of $353,388,000

So unless WIND starts making money soon or cuts expenses by 50% it will go the way of Worldcom whose Bond rating was dropped to junk status. And people have used the arguments for Worldcom similar to what I see here for WIND to maintain its stock price till they finally capitulated.

Its all dependant on the turning around of the economy. If the economy does turn then we wont need geniuses to keep companies going (remember the dot-coms). Else management better be on the ball and take action to survive the bad economic times.
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