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Technology Stocks : Wind River going up, up, up!
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To: The Ox who wrote (10186)1/16/2003 6:10:48 PM
From: The Ox  Read Replies (1) of 10309
 
In my opinion one of the major problems with WIND is that while their sales have fallen, their expenses haven't dropped proportionally. In the last earnings report, sales for the 9months had dropped 32% from the previous year while marketing, R+D and SGA only fell 18%. Not good, especially since they were already losing money in the previous year. They waited too long to restructure and, due to this costly error, they have been playing the very tough game of catch up ever since.
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