Mr. Hsu,
Factless hype and blind greed? I would think the veritable capitulation of MSFT and all the deals RNWK is making with both MSFT with Windows CE and the set-top box makers has a little more substance than you give credit. Frankly, if it goes back to 75--big deal--it will still move upward afterwards. And that is still about 45% higher than the low of a few weeks ago, and certainly a lot higher than most of us bought it at.
While the comment you responded to severely lacks any content whatsoever besides blind cheerleading, I suggest you think before you make such blanket statements.
For such a brilliant person, I am surprised you still have not figured out the pattern that is now in its 4th consectuive execution. This stock will touch well above 100 before earnings, if this pattern continues. All the Nets will rage. After July 23, it may very well go back to 75. I have no idea.
I certainly hope you have the actual fortitude to act on your bold statements and are short the stock. Certainly has helped my "blind greed" the past 9 months, and many others here who understand the market niche, the company, and more importantly, where this sector is going, regardless of "PE".
Regards,
G |