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

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To: John Ritter who wrote (5236)5/20/1999 10:10:00 AM
From: Peter Church  Read Replies (1) of 10309
 
> $25 is the 'gap' up on the chart, higher values require an increase in earnings and removal of the
MSFT fear...>

Don't count on MSFT disappearing too soon. But, whether they can dominate the embedded market is a good question. I think the best intelligence and the alliances that are forming are saying no, MSFT is weak in this area. And opportunities are many.

I think the resistance to watch is more around 33, where the stock fell off a limb last January. I imagine a lot of long term investors may like to get out at that point and feel glad that at least they didn't loose money. 25 was a small hesitation in the avalanche.

Getting to 33 should not take too much more than a great CEO announcement and continued great earnings reports. The potential has only gotten better. Plus, I think WIND is about to participate in its 2nd IPO with Liberate! That's got to be very good for shareholders.
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