Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Ron who wrote (4080)	1/25/1999 6:05:00 PM
From: F. Foos	Read Replies (1) \| Respond to of 10309

The stock did show good support today in the $34-35 range. There is still major confusion in the market, which should come as no surprise, given the lack of consensus in the analyst group. Friday and today, we received the following inputs from the analysts: 1. Lehman analyst says his report was misinterpreted and is confident WIND will meet his estimate for Q4 earnings but slightly trims Y2000 estimate from $1.19 to between $1.10 and $1.15(-3.4to-8.4%). 2. Everen analyst reiterates 1-1 rating and ups short-term target from $44 to $57. Long-term from $56 to $72 (+29%) 3. The H&Q analyst still believes WIND is market leader but vaguely alludes to a competitive threat from Microsoft and Integrated Systems; then suspend's coverage because WIND mgt. hasn't returned her phone call. WIND mgt. is in Sheila's dog house. She's is probably inundated with phone calls asking her what's up with Wind River. I don't know the details of this situation but I think that it is safe to say that if analysts can't answer the questions, it puts them in a bad position with their clientele. Sheila is responsible for Wind River coverage at H&Q. She needs some help from WIND management so that she can do her job. These are the people that Wall St. is looking to for guidance. Judging from the divergence of their recent reports, it's hard to believe that they are talking about the same company. Thus, the market is in spin and the share price is where it is. Frank