SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : RealNetworks (NASDAQ:RNWK)
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: John F Beule who wrote (3588)6/18/1999 9:14:00 AM
From: Lane Hall-Witt  Read Replies (1) of 5843
 
I bought in recently on the bounce off the bottom. It's a great vote of confidence that RNWK got the secondary off at 58 just days after it plunged to 51. I was expecting a little worse, but still decided to view this as an intermediate-term hold instead of trading in and out of the stock. If RNWK figures out how to leverage its huge user base, this stock will have tremendous upside. They have something like 57.5 million registered users of their streaming products. With a current market cap of about $4.3 billion (including the new shares), that is $75 per user. The problem is that RNWK is operating like NSCP before NetCenter, when it was just a software company.

As an aside, I'd say Jeff Bezos isn't as smart as everyone thinks he is. Why take an interest in Liquid when RNWK is right across town with a database of 57.5 million users? That looks like the wrong partnership to me.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News