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: Joe Smith who wrote (4254)	2/9/1999 3:51:00 PM
From: Logain Ablar	Read Replies (1) of 10309

Joe: In the last year we've seen 3 large sell offs with quick recoveries in the stock price. In all 3 instances we did not see the level of volumn we just experienced. If memory serves me (and I'm forgetting some of the details) a year ago we experienced a sell off on the day earnings were released. WIND reported a loss with the write off of its acquisition and investors jumped before they looked at the details. The stock recovered within a couple of days. Two quarters ago the stock ran to $51is up to earnings. The stock sold off and I forget why but it recovered within a week. Last quarter the stock held steady through the Aug to Oct sell off until the rumor that insiders were selling shares. The stock tanked (just like a couple of weeks ago but on much lower volumn) but recovered in less than a week once the rumor was disproved. I just think it will now take longer to recover. We're still not seeing significant I2O products to jump start revenues over the 35% growth. Until we do or there is some other fundamental change the stock is going to trade at a lower multiple. JMO Tim

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