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


To: Bruce R. Schlake who wrote (7375)3/3/2000 1:56:00 PM
From: Starlight  Read Replies (1) | Respond to of 10309
 
Just heard the CEO interview on CNBC. Not much new was said that we didn't learn from the conf. call. He said he expects growth to be over 30% a year, and in four years they should achieve $1 billion in sales. Largest client is LU - accounts for 1/3 of sales. WIND is in 70% of the high bandwidth devices that connect to the internet - cable modems. He also mentioned that 1.5 cents of the earnings DECREASE was due to the increased no. of shares outstanding. New orders were up better than revenues.

Everything sounded okay to me -- nothing alarming, and it appears that with more acquisitions (such as the recently announced acq. of Embedded Support Tools), WIND intends to control the embedded systems market.

Betty
(P.S. Thanks to those who sold under 50 today. I bought some of your shares.)