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

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To: Ramsey Su who wrote (779)4/4/1997 9:32:00 PM
From: Alex Burns   of 10309
 
Ramsey, the candlestick for WIND shows me a beautiful bottom reversal pattern yesterday and followup today. It closed at 23 1/4 today. I say this stock going to 26, maybe 28. If it breaks over 28, then you've got a short term bottom. I doubt it'll get to 30. It has to go up in the next week or it's going back down. Support is pretty solid at 18 1/16.

As you know this sotck is in play. It's been in play for a couple of months. It went up, crashed, and now it's going back up. When a stock is in play like this, it really doesn't have much to do with the fundamentals of company or earnings... Based on fundamentals, this stock ought to be way down from here. It's riding on expectations or rumors or something. Can someone in this thread fill me in on what the speculation is about this stock?

Alex
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