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

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To: lkj who wrote (4985)4/23/1999 8:01:00 AM
From: Ramsey Su   of 10309
 
Khan,

I agree 100% with your observation regarding WIND's management. I am especially disappointed by what appears to be now reality vs the company's press release and subsequent conference call, which as I remember was rather bullish about products this qtr.

biz.yahoo.com

What is wrong with their products, execution, strategy or whatever will surface in the immediate future, similar to the CPQ fiasco.

I suspect, just like CPQ, the stock has already taken the hit. Unless there are more surprising news in either direction, I opine that WIND is dead money for a while. This will give us the time to re-evaluate the new WIND.

Like I said in my previous posts, WIND is already trading at a rather low PE. The question now is will the E part of PE hold or go down substantially. I am a shareholder and it is no fun to be down. However, it is water under the bridge. Time to look ahead. Who knows, this may be a great buy opportunity.

Ramsey
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