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Technology Stocks : Red Hat Software Inc. (Nasdq-RHAT)
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To: Jon K. who wrote (952)9/7/1999 10:56:00 PM
From: ynot   of 1794
 
jon, top notch software programmers don't typically influence markets

your observation of volatility is accurate

i'm not sure that the rest of the market will do nothing, so holding, or rather stating you are holding long term may be an injustice to momo players who go one way, up....maybe that would be mo player ;)

rhat is a services company jon, period and while the stock price may never justify the revenue generation potential it may not have to
on the other hand if, and most probably when, it sinks, the same folks who chided shorts now and at the IPO open will either say, i sold at the top or why did i mortgage the house :)

the winners in the game are the MM's and VC's, a small percentage of longs and shorts will do well, the rest will pay the considerable freight

take care,
ynot ;)
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