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Technology Stocks : Wind River going up, up, up! -- Ignore unavailable to you. Want to Upgrade?


To: contax who wrote (6837)11/20/1999 1:31:00 PM
From: Curly Q  Respond to of 10309
 
I think Mark was close to going long WIND when it was at its lows. But, I think his buy target was a little lower than the years' 11 1/4 low.

People have different strategies and philosophies. Some like to pick bottoms, but they have the risk of interminable sideways movement. Such as has been the case with PTEC.

Others like to charge forward with the momentum, buying into new highs. Those that have been doing that have been rewarded the last few years.

WIND does not have a crazy valuation though, and in my opinion is a good one to buy into the new highs.