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Technology Stocks : Wind River going up, up, up!
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To: Starlight who wrote (3925)1/22/1999 4:25:00 PM
From: Goodboy  Read Replies (2) of 10309
 
Is anybody listening. This sell off is due to the Lehman analyst who spoke with the CFO earlier today. He got on the box and told the sales force that they would likely announce earnings in line with expectations while the street and investors will be expecting the usual 1 to 3 cent upside surprise. The CFO commented that this quarter was more back end loaded than usual. The analyst translation of that is either and earnings miss or in line. He put out the note on first call at about 3:40 and he did not downgrade the stock.

In fact, he said the industry has a 25% growth rate, the companies prospects are still great and he would be a buyer in the low 30's (where the stock is now trading currently). His comments today sent the stock down 17 points to the level that he says in the very note that drove down the stock is a buying opp!

Maybe there is more to the story, but this looks like a rumor gone hay wire and a opp to buy more on the cheap.
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