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Technology Stocks : RealNetworks (NASDAQ:RNWK)

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To: Pruguy who wrote (3320)5/24/1999 4:01:00 PM
From: SBerglowe  Read Replies (1) of 5843
 
A delayed response to your query: Just listened to Ralph Bloch who says this this correction could be 10% to 20%. It's not pretty, and this is not a good time to be on margin. The next major support on RNWK looks to be around 64, but if you look at stocks like AOL,it's breaking down. The traders have been bailing and our paper profits are eroding.

I don't know what would cause the net correction to stop. There's a lot of fluff in the whole sector.
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