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Strategies & Market Trends : Technical analysis for shorts & longs -- Ignore unavailable to you. Want to Upgrade?

To: Iris Shih who wrote (23645)	9/10/1999 3:30:00 PM
From: mattie	Read Replies (1) \| Respond to of 68173

If BNBN breaks 20 I cover. Still holding WIND? Looks very good. Here is a writeup: New Developments on Past Columns Who wins when life goes digital? Wind River Systems (WIND) has finally put a fanny in the CEO's chair. On Sept. 7, the company announced that Tom St. Dennis, a former group vice president at Applied Materials (AMAT) would take the post, effective Sept. 20. (The stock got an upgrade from Hambrecht & Quist to "buy" from "market perform" on the news.) Those are good bloodlines and I also like the fact that St. Dennis managed a business group at Applied Materials with about 10 times the revenue of all of Wind River Systems. I don't think he would have signed on if he didn't think he could close that gap significantly. He'll be getting some help soon, too. Wind River is about to release a key product -- Tornado for Managed Switches -- that should help accelerate revenue growth. I'm keeping my price target for Wind River at $30 a share by May 2000.