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

To: Peter Church who wrote (416)	3/2/2001 5:02:47 PM
From: tom ablett	Read Replies (1) \| Respond to of 431

Hi Peter. What a great day for WIND. But can it hold up. Technically the chart is loaded with GAPS and momentum hates GAPS. I think we may slowly plow our way back up to 35 but in this market it's going to be tough. That wedge breakdown was bad mojo. Lots of resistance between 35 and 37. It's going to take time I believe. Also the market will take a wait and see attitude until the next Q's results to find out if they can really perform in the face of a economic slowdown. That will really put some fuel behind this company. Maybe WIND will follow up with lots of news now that more people are noticing this company. Upside surprise, can't wait. Anyway, that's my 1-1/2c's worth. Tom A.