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Non-Tech : The Critical Investing Workshop
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To: Poet who wrote (275)10/6/1999 9:21:00 PM
From: Voltaire  Read Replies (5) of 35685
 
Hi Poet,

That is a real good question and like I told my sister this afternoon, relax, this trading range is about to change. You must remember that with stocks the Houses like and I feel RNWK is one of those, they are often held down and accumulated when there is no upward pressure, that has been the case the last few days. I think earnings is around the 20th of Oct. and what we have to have is upward pressure and everything else being equal, without pressure either way, the Houses can hold stocks down. This should begin to change starting possibly tomorrow but at the latest, next week. I think we will see RNWK at around $115 at earnings with a split announcement and earnings of about 4 cents. If no split, I will sell my holdings at that point and wait until about Nov. 26th to get back in.

Regards,

Voltaire
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