RETIX (RETX) Perhaps Another Acquisition Target For CSCO? Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : RETIX (RETX) Perhaps Another Acquisition Target For CSCO?

VRTL 65.59

-3.6%

3:59 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Peter R Smith who wrote (1043)	4/2/1998 11:26:00 AM
From: craig crawford	Read Replies (1) of 1119

I'm long this stock (could change any minute though) but I do have one concern. I call it a dose of reality. RETX did 1 million shares yesterday and was up 12%. Not bad but it was 7 times avg volume. RETX has already done 600,000 today and is only up 5-6%. This kind of heavy volume should result in a faster move upward. It appears to me that there is plenty of sellers willing to step up and sell into this rally. I get the feeling that little guys like me are supporting the price while bigger fish are parceling out shares. Just my opinion and I hope it's not the case. I'm just skeptical of this move, and I will dump my shares in a hurry if it doesn't hold up. I suggest others might think about that as well.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next