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

To: Ramsey Su who wrote (3305)	6/22/1998 10:56:00 AM
From: J. Kerner	Read Replies (1) \| Respond to of 10309

Ramsey, It should have good support at 30. A few days ago we saw a dramatic turnaround after the stock dipped below 29. If we can hold at these levels, technicians will see a tradable bottom in place. If you are like me and see continued growth over 40%, then the stock looks like a very good buy right now. At 30, the stock is trading at 42x trailing earnings and 34x CY1998 earnings. With I2O just about to meaningfully contribute to earnings, I think WIND has significant upside from these levels even if its PE remains flat from here and the stock just tracks earnings growth. I am adding to my holdings. Jason