If you mean you want to know about good companies that are cheap, there are some others that I think should do well (albeit in my mind WIND has the best future of any company I know about). But if you actually mean "chart", then I probably cannot oblige you.
When I first found WIND two years ago, its chart was awful. It had just gone public three months earlier and I think was considered a winner, up 30% in a couple of months. But then the wheels came off, and calendar year 1993 was lackluster at best. The stock dropped from $13 1/2 to $5. By then I only had a small position, being interested in the company, but concerned about what was happening. Then the news started improving, keeping me interested. Finally, around February 1994 WIND announced the GM deal, which served as the final endorcement I needed to really like the company. So, I started buying big at $5, and continued buying as the price started firming in August 1994, completing it early in 1995 with an average cost under $8.
Now the chart for 1995 and 1996 looks great, but I didn't buy the chart, I bought the company, and I bought it cheap.
Even now I don't care about WIND's chart. It's growing revenues currently at over 40%, earnings at least 50%. It has $30 million cash and has significant and increasing cash flow. If any one of many large deals mature as I would expect them to, it bottom line profit should explode over the next few years. This stock will be $100 within two or three years (or six months, or six days). Why would I care about its chart? |
