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Strategies & Market Trends : InvestRight - Short Term Trading St

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To: RSkarsten who wrote (871)2/3/1999 4:31:00 PM
From: Jeffrey L. Henken  Read Replies (1) of 939
 
I picked up some more shares of ROMT today. The chart looks terrific and the stock broke out to a new 52 week high today. The only two small faults I can find with this stock are the following.

1.) A relatively large float: 5.7 million of the 9.51 million shares.

2.) A relatively high debt level but with all the positives here I think this one is a keeper.

biz.yahoo.com

Don't forget that name change March 1st to e Games and the corresponding symbol change to EGAM:

biz.yahoo.com

One of America's fastest growing publishers of PC games and entertainment software, the Company is changing its identity to reemphasize its commitment to the PC gaming market. It also reflects the Company's Internet strategy as a means of increasing sales, both through its web site and its retail distribution channels

Keep watching RDIM for a major breakout with the upcoming news.

RDIM has already risen once over $1 and is still roughly 4 times higher than when I first mentioned it. It may not have the solid fundamentals that ROMT does today but I have complete faith in the company's business plan and their ability to implement it.

Regards, Jeff
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