SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Lizard King's Trading Swamp -- Ignore unavailable to you. Want to Upgrade?


To: Snowman who wrote (2537)11/3/1997 11:37:00 PM
From: carolyn walder  Respond to of 7396
 
TO those looking to WIND as a good short...

I suggest that you read a few posts on the WIND thread. Yes, they have a high PE, BUT, they are consistently delivering earnings growth around 70-80% and sales growth 40-50%. I20 revenue will begin to show up in the bottom line in the next 6 months and then analysts will significantly raise estimates. (If you don't believe me call the company or Shiela Ennis (sp?) analyst at H&Q).

If you are looking short term you may get lucky, but at least don't short until earnings are announced. If history is any guide, they always run up before earnings and then drop as soon as earnings are announced (on November 19th)- buy on rumor/sell on news I suppose. I believe this will continue to happen until their earnings really start to accelerate - then the shorts better be wearing bullet-proof vests....

p.s. If you are looking for a good short - read the latest posts by Allen Benn on the WIND thread regarding INTS...

Carolyn (of course I am long on WIND)