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Technology Stocks : RMII -- Ignore unavailable to you. Want to Upgrade?

To: architect* who wrote (287)	7/8/1999 10:42:00 AM
From: architect*	Read Replies (1) \| Respond to of 345

RMII volume has been increasing since 7/2/99, I believe it has been in the 1.5 - 3 times normal volume. Normal volume is 269,400. Volume in the first hour of trading this morning is 150,000. RMII was trading at 11 1/2 on 7/2/99 and reached a high this morning of 14 1/2. RMII had been drifting lower in May/June with the down trend in the NETS, but has had some really good news over the past month. The five day chart looks good to me. quote.com RMII is a momentum stock that has run up in the 20's a couple of times on increasing volume. There is a very large short position in this stock and strong overhead resistant at 15 1/2 - 16.