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

To: Sonny who wrote (234)	8/19/1998 5:16:00 PM
From: Rick Slemmer	Respond to of 431

Sonny: I've been out of Wind River since I covered my short position for a $1.50 loss about three weeks after DMGL upgraded the stock and it stuck. Money flow was weak then and it's weak now. OBV shows little confidence in the stock, but the price is going along with its rising 50-day moving average. Looks sideways at best to me. With 11,000 other issues from which to choose, WIND is neither a compelling short nor a tempting buy. The put-call ratio is a good leading indicator, but don't forget that companies sometimes SELL naked puts when they know good news is on the horizon. I think it's a variation on insider information, but apparently the SEC and NASDAQ allow the practice. Good luck! RS