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

To: Peter Church who wrote (125)	2/10/1998 5:21:00 PM
From: J. Kerner	Read Replies (1) \| Respond to of 431

Pretty wild day for WIND. I was hoping the stock would close above yesterday's high but it didn't happen. Still it is encouraging that the stock tested 32, then bounced back and closed higher on the day on heavy volume. I'd also be interested in hearing what Mitch thinks about today's action.

To: Peter Church who wrote (125)	2/11/1998 3:11:00 AM
From: Mitchell Jones	Read Replies (2) \| Respond to of 431

Peter, I view Tuesday's action as very positive in the technical performance of WIND. We have begun the test of the support line and the stock bounced strongly off that support with very good volume. The overall technical picture for WIND is still not pretty,but it is,at least, performing predictably ,and that should help to attract more buyers who invest purely on charts. We may not have seen the last test of support before earnings,but we passed the first one and that's encouraging! I fully expect the stock to begin showing strength and firming up over the next few weeks. Mitch