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


To: Scott Kessler who wrote (4132)1/26/1999 5:12:00 PM
From: William  Respond to of 10309
 
Bye.



To: Scott Kessler who wrote (4132)1/26/1999 7:06:00 PM
From: dppl  Read Replies (1) | Respond to of 10309
 
Let me say straight away that I don't know anything about WIND fundamentals - just the broadbrush view - but I routinely trade this sort of disaster. In fact this is the third disaster in 6 weeks I've traded like this - and maybe the 15th over the last 14 months. My last two were ELN and BGEN.

Look at the charts for Dec-Jan. ELN tanked when they floated a huge debt issue. I bought at 58 I think, then more at 59. Today's close was 68 and it was at 71 last week. Same with BGEN. The CEO and the Pres had a falling out and the stock tanked to 74 intraday. I bot at 75 and more at 77. Close today was 92 1/2.

While these trades were all worth 10% or more the only thing I regret was letting loose before the clear target I had set myself was reached. In both cases the target was surpassed but I had moved on.

I'm trying to be patient with WIND. We may get another small bottom on less volume - to 33 possibly although this may not happen at all. If it does I'll buy another unit.

My target on WIND is 43 1/2 - but you have tp give it at least 10-15 days and be prepared for more discouragement. I expect a near time top running into earnings - which means a hold for about 3 weeks I think.

The time to buy is when loathing and fear are at their peaks.Seems like we're there.

DPPL