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


To: Mitchell Jones who wrote (131)2/18/1998 1:46:00 PM
From: mac  Read Replies (1) | Respond to of 431
 
What does a "double bottom breakout" mean?

Thanx

mac



To: Mitchell Jones who wrote (131)2/18/1998 10:11:00 PM
From: carolyn walder  Read Replies (1) | Respond to of 431
 
Mitchell - it is interesting to note that your 1 to 2 week timeframe for convergence just happens to coincide with earnings release. Given that this is end of year as well as end of quarter and that Ron has already said in so many words that they have made their numbers (in both recent press releases), I would have to give a second to your motion that the breakout will be to the upside. We shall see if the motion is carried or not next Friday (or possibly sooner).

p.s. the increasing short interest may give the breakout some extra kick.

Carolyn