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Technology Stocks : RAVISENT - RVST

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To: RDR who wrote (27)7/31/1999 6:14:00 PM
From: HoodBuilder   of 82
 
I won't profess to be an expert at stock price movement but here's my take...

Since the gap open IPO the "quick hit folks" have jumped out with some taking a small loss when it spiked below $12 the other day. The market makers and IB's that took RVST public took the opportunity to buy in some cheap stock and will now support the issue for those that stayed in.

I read an article about the company on Thursday evening concerning the Intel relationship and after some further DD though it seemed like a minimal risk investment especially since it was trading near it's IPO price so I bought 1K shares at $13 mid afternoon Friday.

No sooner did I get my execution than this thing ignited and a few nice blocks traded. Sellers were nowhere to be found as I was watching T&S jump 3/8 of a point every minute.

I'm in for the haul now, let's hope INTC really makes a go of RVST technology and this becomes a 10 bagger!
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