G, just a few points:
1. I didn't invented the idea that RNWK has to find a buyer. I got it from a CNN article talking about possible buyout of RNWK by AOL. The fact is, when RNWK's CEO testified on Congress, the stock dropped like a stone. It's probably too strong to say and any company that competes with MSFT can not remain independent. However, it's basically correct to say that any company that in a software development war with MSFT was hit very bad (like at Novell, Borland, Wordperfect). Now ever Orcle is in big trouble.
2. Did I gloat on my gain too much? I don't think so. In fact, I dislike posts like "bought on X, sold on Y". However, I told of my purchase when it was down 30% the same day. And I talked about my sale only once. I did not respond to the flames after I posted bearishly. Don't I have the right to fight back? I don't fight just with words. If I'm right, I don't hesitate to use to the fact. Heck, if someone put flames on me and tries to make me look bad or feel bad, why can't I tell him that I made money and he lost money to make him feel bad?
3. I never said how confident I was to be right on mark regarding my prediction. I offered my opinion. Many people offered their opinions here. I have the right to take money off the table and maintain the same opinion. If you don't my post, fine. You see my name before you read it.
Raymond |
