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Technology Stocks : RealNetworks (NASDAQ:RNWK)

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To: volatile1 who wrote (527)4/6/1998 5:30:00 PM
From: jay byars  Read Replies (1) of 5843
 
Agreed, Volatile. I don't know if you wold agree, but I think RNWK's technology and its "visibility" are very important. It is creating many 'pacts' with many large companies (CNN, TCI, ABC, SUN, etc) that I think will be critical to its market dominance. There are alot of 'this and that' companies working the Internet pathways, but there are only a few Big, Solid player that Corporate America can benefit from presently. Services that can save time, man-hours, etc...when it comes to money, big business will listen. I think big business is what, more than the private sector, will build the foundation during the Information Revolution. This will benefit us all. RNWK 'shoot-up' quickly...I think, honestly, it was undervalued, but also that it got caught up in the frensie of Inet stocks. I do beleive it will survive the long haul, in any event. Nothing is guaranteed, but I feel prety comfortable right now (about RNWK). I was on the phone with Schwab, getting ready to sell 1/2 my position, when I saw RNWK starting to nudge it's way back up. I held out -- was also surprised to see RNWK hold position whil YAHOO, AOL, ETC lost some points. Note, the ISDEX was only off (1.37%) on a down day for the Nasdaq...down ($26.26). Gotta go for now, client on phone. See ya.
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