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


To: Jason Cogan who wrote (110)1/29/1998 12:52:00 AM
From: Mitchell Jones  Read Replies (1) | Respond to of 431
 
>>What do you think the price will be heading into earnings?<<

Jason, WIND's Technicals are as bad as I've seen them. I don't expect a big rally into earnings as we have sometimes seen in the past.

I would not be surprised by a test of support in the 30 to 31 dollar range between now and earning's release.

I believe that earnings will strengthen the stock and spark a nice move to the upside. I do not think a one time charge for technology will be misconstrued and adversely affect an excellent report.

Mitch