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Technology Stocks : RealNetworks (NASDAQ:RNWK)

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To: SouthFloridaGuy who wrote (2215)4/3/1999 1:42:00 AM
From: Magic212  Read Replies (4) of 5843
 
Puff,

Let me preface this by saying I am long RNWK.... That said, in regards to shorting an internet stock after it has just hit a new all-time high... I wish I had shorted BCST the day after it's all-time high ( ~$289) instead of going long, hoping for another bump, at $272 (yep, one of those painful *lessons*) It went straight down after that, doing a reverse *split* before its actual split. Check out the chart. It was down for a long time.

Now I am not going to short RNWK, however check out the charts of CMGI & GNET and see what happened after their most recent all-time highs...

Just my 2-cents.

-Leslie
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