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


To: F. Foos who wrote (4007)1/23/1999 2:28:00 PM
From: James C. Mc Gowan  Read Replies (1) | Respond to of 10309
 
FWIW: this WIND situation reminds me of PSFT, when they reported only one cent above estimates, but questions arose about the sustainability of very high growth rates; the stock tanked from 50's to eventually teens; now is trading, after a recent "run up" in low 20's.
The parallel also in regards to the company's ability to count revenues
accumulated, whenever they chose to add to a given quarters EPS
report.
Seems software companys are more subject to these types of rapid
"adjustments" in market perception of share price value.
I was watching this stock recently, bought and sold quickly as I didn't see the consistency of price action moving toward EPS report, just got an itchy trigger finger, no loss/no profit, but waiting for an opportunity to buy.
Is this the opportunity, or is their something fundamentally amiss with this company?
Good luck to longs, I sympathize, having been thru this type of wrenching experience myself.
vocex



To: F. Foos who wrote (4007)1/24/1999 3:31:00 PM
From: vibaby  Respond to of 10309
 
Anyone see any after hours trading?