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Technology Stocks : RMII

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To: lazarre who wrote (261)4/15/1999 12:56:00 AM
From: architect*  Read Replies (1) of 345
 
lazarre,

the stock was trading at about $12 and CNBC news mentioning the stock a couple of days in a row, and it jumped to $16 or so

The next day 12/29/98 Douglas Hansen the CEO was interviewed on CNBC the stock was trading at $29 prior to the interview and 10 minutes after the interview the stock drops to $19, my position was from 10/20/98 at $7.75, <grin> so profit taking and shorting took RMII back down to test strong support at $10.

the Market capitalization is about $130 million

Weighted average common shares outstanding from 1998..................... 7,690,000

yahoo lists 8.11 million ??

Believe I've read somewhere a name change is in the works to reflect RMII's national ISP service.

John
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