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

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To: CFA who wrote (10191)5/20/2003 5:41:57 PM
From: CFA   of 10309
 
Horrible, horrible results today. I wonder whether this company will ever get itself on track.

Revenues of only $48MM. Revenues haven't been this low since 1999, pre ISI-merger. What's even worse is that next quarter's revenues are projected to be flat.

No pricing power, no revenue stabilization, not even accurate management guidance.

So what's a company with negative 25% YOY revenue growth worth? Frankly, until revenues stabilize, I don't even think it's worth a P/S of 1. If WIND can muster around $200MM in sales this fiscal year, that would put it at a price of around $2.5.
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