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


To: Techplayer who wrote (4387)2/28/1999 3:15:00 PM
From: James Connolly  Read Replies (1) | Respond to of 10309
 
Sun shakes up Wintel crowd with NGIO alliance
zdnet.com

Also interesting article on MS.
zdnet.com

Regards
JC.



To: Techplayer who wrote (4387)3/1/1999 1:38:00 PM
From: Techplayer  Read Replies (1) | Respond to of 10309
 
RESEARCH ALERT - Wind River price target raised

March 1, 1999 01:03 PM
CHICAGO, March 1 (Reuters) - Everen Securities Inc. said Monday it raised its intermediate price target for software tool developer Wind River Systems Inc. WIND to $30 from its previous estimate of $28.

-- Everen also raised its long-term price target to $38 from $33, it said in a research note.

-- Everen noted the company's fourth quarter conference call was upbeat and answered many of the concerns that existed in the investment community.

-- The large increase of accounts receivable in the fourth quarter of fiscal 1999 can be viewed as a typical year-end increase, Everen said.

-- Management indicated the fourth quarter sales did not include any unusual discounting.

-- Everen also reiterated its market outperform rating. -- Shares of Wind River were trading up 1-3/16 at 24.

((--Chicago Equities News at 312-408-8787, chicago.equities.newsroom@reuters.com))

REUTERS