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Technology Stocks : RealNetworks (NASDAQ:RNWK)

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To: Brian E who wrote (315)3/19/1998 12:17:00 PM
From: HerbertOtto  Read Replies (2) of 5843
 
Brian >> "and I think it's ready to take off. I'm talking about 25 within the next month, and 30+ in another 3 months." <<

Nice call! It's 12:02pm ET, and RNWK is 19 7/8 +1 3/8. Has broken above the intraday trading bands. Could be...

After the recent break-out above the Nov, 1997 all-time high, RNWK has had a little pull-back pause, and now may be ready for an extension rally to 24 or 25. This may occur next week, or at least within the next month as you suggest.

With all the legal pressure on MSFT these days, small companies like RNWK have a chance once again to grow without having their property 'borrowed' for free by the new Goliath. MSFT has been forming partnerships at a furious pace. With nearly everyone in the world using Real Audio, or wanting to, the future looks bright for RNWK.

I have a small position in RNWK... will add to after close above 20.

Good Luck,
Herbert
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