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Strategies & Market Trends : Technical analysis for shorts & longs -- Ignore unavailable to you. Want to Upgrade?


To: dppl who wrote (20029)2/26/1999 9:07:00 AM
From: IA  Read Replies (2) | Respond to of 69885
 
Hello,

Just wondering about whether wind's results are that good.

if you recall on Jan 24th a WIND representative said the following:

24-Jan-99 at 18:54:00 08:52 Page 1
DJN Wind River Sees 4Q Net 27c-30c/Shr On Revs $37M-$39M >WIND

Revenue estimates came in line at 38.2 Mil. but earnings were way off.

As I remember it however during this time, analysts scaled down estimates to .19 and then WIND comes in with .20

You think this is alright ? I think it's rather odd of Mr. Ableman to say that this is the twentieth quarter of beating estimates.

I'm long WIND personally and just wondering if your outlook is more technical than fundamental.

Thanks.