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

To: lkj who wrote (9653)	5/18/2001 2:42:50 PM
From: CFA	Read Replies (2) \| Respond to of 10309

I think that Khan--with his broken English and all--hits the nail on the head. Management probably knew a few month's ago that these events would unfold...and they probably used the cookie jar stuff to delay...meanwhile people like elmore sold. Allen Benn can't be accused of cookie jar accounting...but he seemed to be blindsided...everything that Khan is pointing out was pointed out to Benn in March. Benn knew that all of WIND's customers were hitting a brick wall but thought that WIND's market position was so strong that it would do 30% revenue growth anyway. So I again ask: How could one of the most knowledgeable WIND investors have been so wrong? There seems to be two possibilities: First, either Benn's analysis is badly flawed...which would call into question all of his other so-called analysis and lofty projections for WIND. Second, he's become such a cheerleader that he refuses to see any weakness in WIND...which would also call into question his lofty projections for WIND. Allen Benn is a very good writer, very persuasive...I'm sure that many people invested in WIND at least in part due to his persuasive arguments. But persuasive writing doesn't mean that his conclusions will become reality...the more that his predictions play out, the clearer it becomes that this guy's been wrong for the past 5 years.

To: lkj who wrote (9653)	5/18/2001 2:43:24 PM
From: Prognosticator	Respond to of 10309

When you add everything up. Yesterday's event was not a bit of a surprise. And the market was not at all surprised. After-market traders yesterday surely were surprised this morning when the stock didn't continue to tank. I can only hope those shorting it in the after market yesterday are learning their lesson. P.

To: lkj who wrote (9653)	5/18/2001 3:01:41 PM
From: Peter Church	Read Replies (2) \| Respond to of 10309

Hi Khan, Are you saying that the company has become overextended through purchases that can't be well justified in this environment? The last two were relatively cheap and hopefully not a big drag. Saving cash and patiently waiting for the big axe to fall would be my attitude right now. Many of their competitors will be on the verge of bankruptcy soon. They have the same problems or worse and will be cheaper to buy out later. But it's a tricky situation and I can't fault management for carrying out their business plan. Would you discourage them from making more acquisitions? About the downturn, we pessimists were right! But, business owners operate with a slightly different mentality than investors. They have to think more long term, charting the future course. Just let me know when Elmore starts buying shares again. I'd like to join him there.