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Technology Stocks : Wind River going up, up, up! -- Ignore unavailable to you. Want to Upgrade?

To: Snowshoe who wrote (6261)	9/8/1999 12:57:00 PM
From: Snowshoe	Respond to of 10309

From Briefing.COM... 09:29 ET ****** Wind River Systems Inc. (WIND) 16: With the appointment of a new CEO, this provider of operating systems and software development tools for real-time and embedded applications hopes to turn its fortunes around. Given that the company has experienced execution and product delivery issues during the past couple of quarters, Wind River hopes that Tom St. Dennis, who comes from Applied Materials, will again set the company on the right track. The last couple of quarters have been less than stellar for Wind River, warning about lower results in Q1 and posting a Q2 profit that was below Wall Street projections. Wind River's problem has been execution as well as a slower ramp up of new products and greater infrastructure investment. While the latter issue is a necessity and needs to be made regardless of who is in charge, the company has experienced a slowdown in revenue growth and earnings recently due to shipment delays and lack of product introductions that have retarded its market share growth at a time when the market is demanding more Internet appliances. It is hoped that with Mr. Dennis taking over for Ron Abelmann, that Wind River will again be able to execute in a timely fashion and help enhance its share price. Since the start of 1999, the stock price has been declining rapidly, with the company losing basically half its value during this period. Already, the appointment of Mr. Dennis is winning allies on Wall Street which is essential if the stock price is to turn around. Hambrecht & Quist has upgraded the stock from "market perform" to "buy" on the news and other upgrades are likely to follow this morning. In pre-market trading, the stock is currently quoted at 16 5/8. - RN

To: Snowshoe who wrote (6261)	9/8/1999 1:05:00 PM
From: Snowshoe	Read Replies (2) \| Respond to of 10309

From Yahoo board... messages.yahoo.com New CEO was hinted ... by: dr_hubris (36/M) 3920 of 3936 Paging through the Aug 23 EETimes, the first paragraph in an article mentions Fiddler's goal to grow the company to $1B. Guess what, it is clearly stated in the press release that St.Dennis has grown his AMAT units to $1.5B. Coincidence? Since St.Dennis apparently has little software/telecommunications background, the core competence that sticks out is his ability to initiate and manage growth. I believe that we will be seeing a few M&A's in the next year. Perhaps, my forecast of eventual consolidation of RTOS vendors will still come true. Hubris