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

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To: Snowshoe who wrote (3196)5/20/1998 8:07:00 PM
From: Michael Gaudet  Read Replies (1) of 10309
 
From today's WSJ interactive: PALO ALTO, Calif., -- Dain Rauscher Wessels analyst Raj Gollamudi raised his rating on Wind River Systems Inc. (WIND) to strong buy from buy.

According to a research note, Gollamudi said he expects embedded-software-maker Wind River to continued to expand revenue in the 40% to 50% range for the foreseeable future.

He also said he views the company's stock as compelling, given the pressure it has been under since Microsoft Corp. (MSFT) said it was interested in developing products for the embedded market.

Wind River reports first-quarter earnings Thursday.

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