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

To: amoezzi who wrote (4028)	1/24/1999 5:43:00 PM
From: vibaby	Respond to of 10309

NO! Wait until the dust settles because you'll be competing with a lot of other people. The stock will probably shoot up close to 10%. Waiting for the buyers to finish MIGHT be a good idea. IMHO

To: amoezzi who wrote (4028)	1/24/1999 8:01:00 PM
From: docsox	Respond to of 10309

A.A.M. I would make it a limit order, to see if you can get in for $35 or less. But I doubt it will work. I suspect there will be a real push at the open, wouldn't be surprised to see it up 7 or 8. So your "market" buy order might just cost you $40 per share. Still a bargain (I picked up some at 46 on Friday, minutes before it fell off a cliff) but why pay that much if you don't have to? Long term, we'll rise from the ashes. Sooner rather than later, I hope. Remember IBM at 150 and 40 and 200? David

To: amoezzi who wrote (4028)	1/24/1999 8:10:00 PM
From: Mark Brophy	Read Replies (1) \| Respond to of 10309

Sounds like a great idea! The market makers bought some of the convertible bonds and more than likely shorted stock at 48 ½ - the exercise price. They have a huge profit now, so they might be inclined to cash in Monday morning. See post 1708: On July 31, 1997, Wind River Systems, Inc. (the "Company") sold an aggregate principal amount of $140,000,000 5% Convertible Subordinated Notes due August 1, 2002 (the "Notes), of which $23,330,000 aggregate principal amount (the "Regulation S Notes") were sold in reliance upon Regulation S under the Securities Act of 1933, as amended (the "Act"). The Notes were initially purchased by Deutsche Morgan Grenfell, Inc., Hambrecht & Quist LLC and Wessels, Arnold & Henderson, L.L.C. at a discount of 3.125% of the principal amount of the Notes. Net proceeds to the Company from the sale of the Regulation S Notes, before deducting legal and other expenses, were $22,600,937. I'm not so sure it's a great idea to invest in a stock where the market makers have such an obvious incentive to manipulate the price!