SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Wind River Systems - Technical Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Alfred W. Post who wrote (375)10/25/2000 11:00:51 AM
From: Peter Church  Read Replies (1) | Respond to of 431
 
Here is my case for an earnings rally into November 29th:

1. WIND jumped up 10 points after the last earnings release. There will be expectations of a repeat of the same although there were some extraordinary factors involved.

2. There is every indication that the company is whooshing along at full force and will enjoy a great quarter in earnings and expanded opportunities.

3. The December period is generally friendly to the stock market. There is a lot of money waiting on the side.

4. The stock has backed off its September highs without justification and is finding a bottom at 35 to 40.

5. Infiniband is about to take off.

I'm buying Dec 45 options here for a trade.