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


To: Joe Smith who wrote (3618)10/7/1998 5:29:00 PM
From: IA  Read Replies (2) | Respond to of 10309
 
Joe, you wrote:

" 4)The stock was at highs that have not been seen for a year and it was a good time to sell and lock in some profits in a nervous market. I am sure that many long-term longs also sold off some of their position "

Possible, I guess. But with the stock already off over 20 % from its high ( WIND opened at 40 today) these highs have no bearing on today's actions. 30 7/8 was the low today, that's not profit taking except for a small number of investors, some longer term investors.

My suspicion is that the way the stock plummeted implies there was some other driving force.

Have you heard anything about this Version 3 of CE ?