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


To: David M. Sawyer who wrote (5058)4/26/1999 11:27:00 PM
From: bob  Read Replies (1) | Respond to of 10309
 
I think the street is going to like Wind River soon.
Looking forward to the future and thanks Ron for once again
linking Wind to the internet.



To: David M. Sawyer who wrote (5058)4/27/1999 12:32:00 AM
From: Richard Karpel  Respond to of 10309
 
Did TheStreet.com and Dow Jones Newswires attend the same presentation?

Here's the DJN report:

Wind River's Departing CEO Shied From 5,6 Yr Commitment

By MARK BOSLET

SAN FRANCISCO -- Wind River Systems Inc. (WIND) Chief Executive Ronald Abelmann said an unwillingness to make an additional five- to six-year commitment to the company led to his decision to resign.

Abelmann, 61, said he had debated his decision for the past six months. ...

Speaking at the Hambrecht & Quist technology conference, Abelmann said he didn't anticipate the transition from one CEO to the another would disrupt Wind River's business.

"I don't think you will see a hiccup," he told investors at the conference.

Wind River plans to get its search underway for a new CEO with urgency. The company needs to bring on a new CEO with a special expertise in Internet and telecom technologies, he said....



To: David M. Sawyer who wrote (5058)4/27/1999 2:35:00 AM
From: lkj  Respond to of 10309
 
also told investors that he decided to step down because the company needed someone more "Internet savvy" than himself. Abelmann says he remains committed to the company and will stay on the board.

I disagree with this statement. Jerry Fidler has been considered the visionary in WRS. Ron was never one, and doesn't need to turn into one. Did you think Lou Gerstner had much knowledge of the vast amount of technologies that IBM was doing when he left RJR?