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Technology Stocks : Wind River Systems - Technical Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Richard Knox who wrote (337)	6/21/2000 12:32:00 PM
From: Peter Church	Respond to of 431

Hi Richard, I don't have a good sense of Wind's holding (or advancing) power right now. There are obviously good things happening at the company and the news is getting out. But, the broader market appears to me to be topping. I'm thinking recession by next year and I don't expect to make any fortunes in the stock market on the bullish side. I'm actually short YHOO in my only position. Good luck with the trade. Wind may buck the trend. I just don't have a clue now.

To: Richard Knox who wrote (337)	6/26/2000 1:38:00 PM
From: Peter Church	Respond to of 431

Hi Richard, I bought July 40 calls and sold July 40 puts today. It is a gamble, but the selling the news may be overwith and besides, I expect a relief rally in the techs later this week. The stock may be finding a bottom around 37. Good Luck---Peter

To: Richard Knox who wrote (337)	7/2/2000 3:20:58 PM
From: Peter Church	Read Replies (2) \| Respond to of 431

It looks like Friday's window dressing buy confirms the bottom at 37. It's a good time to buy if the market can keep its head above water. That's a big "if". Is there any good news on the horizon, or do we need to wait for the next quarter results to get another confirmation of the growth and potential? I can't understand why WIND has such resistance to moving up. It's like someone put the Hex on the stock. Maybe, there is a political agenda to all that short selling. I don't want to get paranoid, but the selling is really unjustified, especially if you know what we all know and what any decent analyst should know. It's too wierd. Anyway, I'm not sticking my neck out too much here, but feel it's a fairly great buy at 37.