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


To: Don Lloyd who wrote (2331)11/3/1997 7:50:00 PM
From: MONACO  Read Replies (1) | Respond to of 10309
 
This appears to be very,very good news....M



To: Don Lloyd who wrote (2331)11/3/1997 8:54:00 PM
From: Diana  Read Replies (1) | Respond to of 10309
 
>>"Based on current market prices, we believe that our stock is fairly valued . . .<<

I wish Mr. Abelmann could have said something more in the cheerleading vein, like "how can we pass it up at such low prices?"



To: Don Lloyd who wrote (2331)11/4/1997 10:43:00 PM
From: voop  Respond to of 10309
 
Based on current market prices, we believe that our stock is fairly valued and that the repurchase program is a
reasonable investment of available funds," said Ronald A. Abelmann, the Company's President and CEO

I think he must think it is undervalued to do the buyback.



To: Don Lloyd who wrote (2331)11/5/1997 5:07:00 AM
From: Jeffrey S. Marth  Read Replies (1) | Respond to of 10309
 
"Wind River Systems will repurchase $10,000,000 of its Common Stock per year ($2.5 million per quarter) for issuance under its stock plans. On the open market at prevailing prices"...

Does this mean they will buy at the BEST market price (calculated from Wind's viewpoint) to be set by the market during the next four quarters? And then perhaps next year to? Wouldn't they naturally buy in at the lowest possible value of the company's stock during these periods?

How might management deploy this strategy of buy backs? What scenarios or market conditions are likely to trigger the BoDs to execute buy-backs? Perhaps we could list some indicators.