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Technology Stocks : RealNetworks (NASDAQ:RNWK)

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To: radames who wrote (2288)4/4/1999 12:55:00 AM
From: neverenough  Read Replies (1) of 5843
 
and all of a sudden the bcst deal happens and it runs almost 38 points if that 's not a direct result of the bcst deal then i don't know what is

Very observant, DUH! The problem is your missing the point, which is VALUE. BCST was valued at 5.7B, RNWK is worth at least that much, if not a billion or 2 more. Smart people are starting to realize that RNWK is undervalued.

Give RNWK a 7B market cap, and your looking at a share price of $232.00, factor in a 3 for 1 split, and, well I'll let you do the math.

To short a stock that's in a strong uptrend, and just broke to new highs on some serious volume is bad enough. Add to that it's an internet stock and the hands down leader in it's field, is a recipe for disaster, my friend...
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