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Technology Stocks : Wind River going up, up, up!

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To: carolyn walder who wrote (785)4/5/1997 4:32:00 PM
From: Alex Burns   of 10309
 
Carolyn, thanks for the kind words. I'll take a closer look into WIND and try to get a better read on it. I must admit that I thought that it was just a momentum stock and have avoided it because I thought the bubble could burst at any moment. There seems to be a lot more here than meets the casual eye... so to speak.

I am concerned that the momentum phase may have been broken and it looks like it could be choppy from here for a few months. The key for me will be how it trades when or if it get above the resistance at 28... I may jump in to get 3 points on a short term trade. I might stay in longer depending on how it goes...

I warn you in advance that I intend to ask you if you're still a long term investor in about 2 months, early June <g>.

Alex
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