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: tom ablett who wrote (3751)	12/7/1998 10:55:00 PM
From: mac	Read Replies (1) of 10309

>Here's some interesting projections >http://investor.msn.com/research/wizards/srwtarget.asp?Symbol=WIND Tom..this is a nice example of "garbage in garbage out". It uses the present PE of 120 to forecast next year's stock price. I.e., if the market accords a PE of 120 to WIND this year, and if it makes a dollar next year, then its price should be $120. The problem with this analysis is that the 120 PE is an anomaly which would be a lot lower except for a charge due to acquisition. mac

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