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

To: IA who wrote (3620)	10/7/1998 6:03:00 PM
From: Peter Church	Read Replies (1) \| Respond to of 10309

This stock is grossly undervalued today. Here are some statistics. Please verify them, if possible. I think they are basically correct. 1998 Income = $18.2 M 1999 expected Income = $27.3 M at a conservative 50% growth rate. Shares outstanding = 28 M PE (based on exp. 1999) = 36 vs. growth rate of 50% + I2O I2O is expected to ramp up this quarter and will hit earnings for the first time in 3Q 1999, in November 1998. Ron Abelmann said in his latest conference call, "The analysts estimates are conservative. The prospects are looking quite bullishly." He expects "I2O earnings in the low to single digits this year". Whispers are now for $2 per chip vs the previously assumed $1.50 TheI20 earnings haven't been factored in to the estimates yet. Consider this price wipeout to be a gift.