In a recent paper we have calculated the power density spectrum of Gamma-Ray
Bursts arising from multiple shocks in a relativistic wind. The wind optical
thickness is one of the factors to which the power spectrum is most sensitive,
therefore we have further developed our model by taking into account the photon
down-scattering on the cold electrons in the wind. For an almost optically
thick wind we identify a combination of ejection features and wind parameters
that yield bursts with an average power spectrum in agreement with the
observations, and with an efficiency of converting the wind kinetic energy in
50-300 keV emission of order 1%. For the same set of model features the
interval time between peaks and pulse fluences have distributions consistent
with the log-normal distribution observed in real bursts.Comment: ApJ in press, 2000; with slight revisions; 12 pag, 6 fi