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


To: Peter Church who wrote (9223)2/28/2001 12:33:54 PM
From: Mike Milde  Respond to of 10309
 
<< Any thoughts? >>

Consumer confidence is plummeting; the fed hasn't had their emergency meeting yet to lower rates; and most of all - earnings at other tech. companies have been dismal, especially the box makers (which is no surprise, economic downturn or not).

My vote is that the stock price will start climbing after the earnings announcement (doesnt matter if it's good or bad). People just hate uncertainty, especially when it appears that everyone around you is dropping like flies.

Mike



To: Peter Church who wrote (9223)2/28/2001 1:09:36 PM
From: w2j2  Read Replies (1) | Respond to of 10309
 
Peter, I think Wind is going to lead the Nasdaq out of this morass, although I cannot guess when. wj



To: Peter Church who wrote (9223)2/28/2001 5:01:36 PM
From: tom ablett  Read Replies (1) | Respond to of 10309
 
No worthy thoughts Peter. There was a lot more volume today, mostly up from the bottom, but I think everyone is so nervous, and maybe justifiably so. Even if they beat estimates by a penny, it's not good enough anymore. Everything will depend on their outlook, and how can it be shiney!! Short interest still over 5% as of when, I don't know. This might be a great buying op right here but It's not what I think that matters, what's the market going to say about earnings. Hang on for the ride?????
I'm thinking about selling my few shares into any rally tomorrow, but it's a real quandry. I hate having to buy back higher.
Tom A.



To: Peter Church who wrote (9223)2/28/2001 7:56:02 PM
From: Victor Lazlo  Respond to of 10309
 
My guess is that WIND told them after lots of pestering that they don't need new capital underwritten by AMB Bongo or who ever the heck they are.

Victor