RealNetworks (NASDAQ:RNWK) Message Board

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Technology Stocks : RealNetworks (NASDAQ:RNWK)

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To: radames who wrote (2204)	4/2/1999 10:40:00 AM
From: LLCoolG	Read Replies (1) of 5843

Radames, You must be a rube: 1. Stocks that go through all-time highs generally keep going for a little bit. It is called a "breakout". 2. Stocks that run 14 points in the last hour of trading are not objects of day traders, it means that people wanted to hold it over the weekend for an anticipated gap up on news or other happenings. Day traders would have sold it of at the end and we would be at 135-140. 3. When stocks go up 14 points in the last hour of trading, it generally shows that money is flowing INTO the stock, not out. If money is flowing out, demand drops with a constant supply, and the price DROPS. I can dig up my freshman Economics 101 book for you if you wish, or I can bust out my magic 8-Ball and let you give it a couple of shakes. But no matter what the 8-ball says, your ideas are wishful thinking. When the split is announced, this will launch off to around 200 just like DoubleClick did, and it isn't coming back. BCST set the bar at $5.7B, Real will stay up here barring total market corection or collapse. G

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