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Technology Stocks : Wind River going up, up, up!
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To: JC Reddy who wrote (4104)1/25/1999 10:29:00 PM
From: Goodboy  Read Replies (1) of 10309
 
I don't want to rain on the parade, but this whole thing started with what could end up by Feb. 25 as bad information and speculation. The street.com was quoted in an earlier post as giving the wrong response by the Wind River CFO. Before this gets even more silly, the Everen analyst upped his rating to short term buy because of the price drop. The price targets that have been mentioned several times on this thread were his new LOWER targets. He did not up his targets, he lowered them and that is a fact.

What kind of moron would up his target on the price both short term and long term after it fell 35%! The stock would have to go up at least 35% to get anywhere near is old target. Just giving the correct facts, but logic should tell you that he did not up his target. Wierd stuff has happened here and I would lean toward the bullish side of the fence on Wind River both long and short term. Since any competitive threat is not likely to have an impact on them for a least one year or more (market is growing to fast for a major revenue dent due to increased competition).

I made money on the options this morning only by selling on the open. The vol has been taken out on the 30 calls and tommorow would be a good day for those bullish on the Feb. 25 conference call and the stock split should look at playing. I don't own the stock outright, just showed up because of all the action and I am a avid reader of this thread and follow the embedded space closely. It still amazes me that in Barrons, on the financial news channels, not a mention was made of this wacky set of events.
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