Ross Technology? Let's talk! Message Board

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Technology Stocks : Ross Technology? Let's talk!

RTEC 28.50

-0.5%

Oct 25 5:00 PM EST

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To: Mark Oliver who wrote (381)	3/12/1997 12:43:00 AM
From: Shawn	of 475

Can anyone explain the recent rash of selling of RTEC. My heart sank as I started to see RTEC dip below $2.50. I'm glad it rose back from the dead in the pm. I'm long on Ross and am just wondering if there's any hope of seeing the $4-5 range again. I know all the losses RTEC has faced over the last quarter, but don't you guys think that most of the bad news is behind them. Many companies get too comfortable when they're making money and all seems great. Only when they have to buckle up and really get to work do they show their true colors. Are RTEC's true colors, the colors of success. Was there news today that brought forth the selling. Is there news expected soon. Are there many people that are short on Ross right now? All it takes is a little buying momentum and these shorters are going to have to cover. Ross' marketmakers seemed to be doing a good job of handing the exodus in the am. It's only took a little buying/covering to bring it right back up. Hope that tomorrow is a brighter day. Shawn

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