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

To: docsox who wrote (7460)	3/14/2000 10:12:00 AM
From: Carpe per Diem	Respond to of 10309

"I think they [management] know what they're doing." I'm not so sure...techs growing their top line at the expense of earnings are on fire right now. WIND has only recently jumped into this game. Why? Because that is what investors are valuing right now. There was a link on Yahoo, can't remember the exact details, but here's the gist...companies on the NYSE and NAS that lost money last year appreciated on average 100%. Companies that actually made a profit rose 2%. (I'll try and post the link) Eventually earnings [growth and value stocks]will come back in fashion. Dot.com have had their day and are in a bear market. My feeling is tech companies without earnings [or EPS growth] will eventually follow. In hindsight it looks to me as though WIND management has had it backwards. They should have had St. Dennis in place during the last few years to aggressively grow the top line [when that strategy would have been properly rewarded] and stodgy old Abelmann now in place to manage earnings. What is WIND's answer going to be 6 months from now if investors now value earnings and they chop WIND's PE in half? WIND isn't "chugging" along as usual, they've dramatically altered their game plan to chase a market phenomona at its peak. I preferred it when they did chug along at 40% revenue growth AND 40% EPS growth. Rinks