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Technology Stocks : RealNetworks (NASDAQ:RNWK)
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To: jay byars who wrote (457)4/2/1998 2:53:00 PM
From: craig crawford  Read Replies (2) of 5843
 
Thanks for the consideration. You don't need to preface what you say with all that politeness. I understand that we are all just offering opinions here and who knows who will be right and who will be wrong.

I am merely pointing out that with a market cap of over $1 billion RNWK could do everything right for the next two years and it would still be overpriced.

You have to understand that when you are investing in the stock market that price matters. It may not look like it now but valuations do matter in the long run. And you said that you were buying this for the long run.

In the short run RNWK could easily go up another 20 points. But within the next year or two I bet it sees the teens again.
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