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

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To: samkin who wrote (488)2/7/1997 7:54:00 AM
From: david brower   of 10309
 
Wednesday's price drop was indeed a little larger than I would have liked and pushed the stock down through its 50 day miving average (which has provided consistent, solid support for a long time now). But in the context of the overall tech bloodbath that occurred then, and the fact that it's common for WIND to take big swings up or down in a short period of time, it doesn't look quite as bad. Had the stock not reversed nicely yesterday, then I would have really been worried. As it stands now, WIND reacted just as it always has, and the trend looks intact.
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