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Technology Stocks : RealNetworks (NASDAQ:RNWK)
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To: Abenamar who wrote (431)4/1/1998 2:14:00 PM
From: Doug West  Read Replies (1) of 5843
 
I agree with all of your statements. I do feel at least a small amount of profit taking has been taking place during the run which has helped create some of these big jumps. It would appear that the stock is being purchased more on emotion than technical factors or company fundamentals. How many investors are out there looking at Yahoo and wishing that they had bought it last year when it lived in the $20 range now that it is in the low 90s. We're all greedy at heart. It gets us in trouble more than it helps. Nonetheless, I believe there are those out there which are wanting this to be the next Yahoo.

Personally, I couldn't be happier with the move this stock made in March. How could any one. If it is another Yahoo, or the 30s is as high as it goes, is still to be seen. How high IS high? When I bought this stock I was hoping and looking for it to reach 26 1/4, so I'm way beyond my expectations already and smiling as I go. Where's the next stop? I don't think it'll run out of gas until it gets to the mid 40s, but I don't base that opinion anything other than hopes and gut feelings. It could just as easily stop here. I've always liked this company's products anyway, so I'm REALLY liking them now. Nuff said.

Good Luck to all.
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