Wind River going up, up, up! Message Board

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

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To: Jason Cogan who wrote (2667)	1/14/1998 5:30:00 PM
From: Mitchell Jones	Read Replies (1) of 10309

Jason,I admit I am "accounting challenged",but I don't understand why the Navio investment has to be charged against this quarter's earnings. Can't it be treated as a charge against cash? The whole purpose of raising 140 million dollars was to allow for such investments. However it is handled,I am sure the tape will not read as you suggest. More likely it will say"Wind River beats analysts'estimates by 2 cents/share to continue 16 quarter record of exceeding expectations" Prior to one time charge for Navio investment. Mitch

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