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Technology Stocks : RealNetworks (NASDAQ:RNWK)

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To: Michael W. Brom who wrote (2174)4/1/1999 4:22:00 PM
From: BomboochaBoy  Read Replies (1) of 5843
 
... is it a tad pricey or a good time to jump in?

Sounds like you know what you want: RNWK on sale!

Well, this market sure isn't Wal*Mart-friendly.

Technically, today was crucial. Massive volume. Breakout over the all-time high/resistance at 145 1/2.

I smell a lot of smart money flowing in. And even the Kosovo crisis could help RNWK more than hurt. As mentioned earlier by another poster, Real software servers were given to humanitarian groups en route to Kosovo.

Sometime next week, you'll probably find a decent entry point. War is war, and it's going to have some effect on the market. My hunch is it'll keep liquidity lame and an otherwise healthy net sector under wraps.

But what do I know? I'm a St. Louis Rams fan. Baa baa baaaaa.
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