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Technology Stocks : Wind River going up, up, up!
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To: Stephen M. Neal who wrote (7)2/28/1996 12:18:00 AM
From: Allen Benn   of 10309
 
Sorry, of course you are right. I overreacted. I thought you liked what WIND is doing because of its chart. As you can see, I guess I am not much of a fan of technical analysis.

Witness the previous post to see better charts than WIND's. But none of them would be my suggestions unless I was comfortable with its fundamentals, particularly its ability to grow future earnings, and it was cheap. I suspect none of them is cheap.

Rather, I have been building a strong new position in Sonic Solutions, SNIC, which has been beat way down over the last year because they screwed up with their so-called USP chip in their new Digital Audio Workstations. The problem took forever to fix, irritating their customers and stockholders alike. Their chart looks aweful.

But with no debt, and joint development agreements with Discreet Logic, they will only go up from here; albeit not with particularly pretty charts, but still with plenty of gain over the next year.
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