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

To: tom ablett who wrote (9252)	3/2/2001 11:41:44 AM
From: Snowshoe	Read Replies (1) \| Respond to of 10309

WR Hambrecht and Co. Reiterates WIND as Buy investor.cnet.com WindRiver Systems (WIND): Results Better Than Expected; Reiterate Buy with $30 Price Target NASDAQ: WIND Rating: BUY Sector: Infrastructure Software Price Target: $30 The Company beat our revenue estimate of $128.6 million (+1%) with continued strong demand for its embedded operating systems and tools software and gross margin expansion. Wind River reported operating EPS of $0.19 versus our expected $0.18 for the quarter. We believe that WindRiver's financial performance is notable, especially in a market environment in which many companies are failing to meet the expectations they have set for investors. We reiterate our Buy rating and 12-month price target of $30.

To: tom ablett who wrote (9252)	3/2/2001 1:05:03 PM
From: David Evans	Respond to of 10309

>>: Frost Securities cuts from Strong Buy to Buy based on overhang from the macro economic environment, price target cut from $64 to $33.<< During the CC I thought this guy was trying poke holes on their report. I guess when he couldn't find anything specifc, he just went with the 'market sucks right now' downgrade. Good to see WIND is up despite this. Dave

To: tom ablett who wrote (9252)	3/2/2001 1:42:11 PM
From: Peter Church	Read Replies (2) \| Respond to of 10309

My feeling after hearing the conference call is that the company is not only going to survive this telecom/tech shakeout but will emerge much stronger. As Jerry reiterated, increased competition is driving more research spending among their customers and WRS is the inevitable beneficiary. Nortel's decision is a good indication of what is going on. The technical requirements for RTOS are just too complex for anyone to justify roll your own anymore (Hardware more powerful, network processors are difficult to program, bandwidth going up, protocols more complex, functionality going up, complexity going up!!). WRS will gain in market share even if the overall market softens. When the market rights itself, the era of "pervasive computing" will be in full bloom with WRS at the lead. With this scenario and the fact that WIND has met all their financial commitments in the midst of a major restructuring and merger year, it makes sense for money managers to buy WIND as a safer bet in the high tech space, especially if they have to be 100% invested anyway. I'm guessing that the buying will begin soon.