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


To: Starlight who wrote (3909)1/22/1999 3:22:00 PM
From: w2j2  Read Replies (2) | Respond to of 10309
 
Betty, I am buying too! wj



To: Starlight who wrote (3909)1/22/1999 3:28:00 PM
From: BRANDYBGOOD  Respond to of 10309
 
Betty and all, I don't think this drop in the price has anything to do with a split. Securities never, ever split mid-day on a trading day. This has to do with earnings warnings by this company. See a few messages up someone (DD) posted a bloomberg article. For some reason, that caused this stock to be way oversold. I bought it at 31 3/8 4k shares. That's 3 pts off of the 52 week low. I'm not long this stock, as I like more momentum and volume and usually buy and sell much larger cap co's. However, I too believe that this is a fire sale. I can't see the company announcing a 3-2 split then turning around and announcing poor earnings for the quarter. That make no sense. I have made alot of money purchasing shares of companies that were oversold for one reason or another. (TLAB, BMCS, BEAS, ASND, etc.) This is one of those.

Brandy



To: Starlight who wrote (3909)1/22/1999 3:45:00 PM
From: ahhaha  Read Replies (5) | Respond to of 10309
 
I advise you to let it bounce and sell. Then stay out.

You have a nervous bunch of money managers looking to sell at the drop of a pin. They are completely justified in having this attitude as you will all gradually see.

The market is down.

During the recent rise, there has been notable distribution into public buying. The volume has been weak, and all amateurs know that a price rise without expanding volume is suspicious.

Stanek's remarks were just the lynch pin. Anything could have set it off, anything with even imagined substance.

The fundamental issue that has money managers like myself concerned outside of the usual Asian horrors or extended stock prices, is the advent and increasing tenacity of WinCE into the company's bread and butter. Now I know this has been fully discounted by this thread, but this thread doesn't know what is going on wrt the next generation of WinCE which MSFT is promising will be a VxWorks killer.

The real fundamental pin though is eCOS. Has there been one word spoken about that provocative development here?