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Technology Stocks : Wind River Systems - Technical Analysis

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To: Richard Knox who wrote (337)7/2/2000 3:20:58 PM
From: Peter Church  Read Replies (2) of 431
 
It looks like Friday's window dressing buy confirms the bottom at 37. It's a good time to buy if the market can keep its head above water. That's a big "if". Is there any good news on the horizon, or do we need to wait for the next quarter results to get another confirmation of the growth and potential?

I can't understand why WIND has such resistance to moving up. It's like someone put the Hex on the stock. Maybe, there is a political agenda to all that short selling. I don't want to get paranoid, but the selling is really unjustified, especially if you know what we all know and what any decent analyst should know.

It's too wierd. Anyway, I'm not sticking my neck out too much here, but feel it's a fairly great buy at 37.
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