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


To: dstange who wrote (10027)5/2/2002 3:10:54 PM
From: Peter Church  Read Replies (1) | Respond to of 10309
 
This is a painful time. I was attracted to the stock based on Allen Benn's and Jerry Fiddler's vision. In late 2000, the bad news started to arrive from the telecom business, how they were over-leveraged with debt and over-built. I am still amazed at the power of the vision in my mind despite these warnings. I seem to buy every big dip only to be further surprised by the depth of the next decline.

I don't know when this will end, but I offer this: Someday, this stock is going to shine! What the CEO said today is what Allen and others have long said, that the pressure to outsource gets stronger in a recovery after a shakeout like this. That will mean a quick turnaround when it comes. WIND may be a leading indicator then, although it reports late in the cycle.

For now, it hurts. I hope this thread comes back to life someday. It's OK to be cautious. I've got to pinch my pennies, if there are any left.