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Technology Stocks : RealNetworks (NASDAQ:RNWK) -- Ignore unavailable to you. Want to Upgrade?

To: ChinuSFO who wrote (3968)	7/29/1999 2:50:00 AM
From: Scott C. Lemon	Read Replies (1) \| Respond to of 5843

Hello Chinmoy, > Scott, it appears that you are a MP3 fan stockwise. MP3 is not yet > the winner in this sphere of technology. Actually, I don't know that I have any MP3 related stocks ... I haven't found any that make sense to me yet. I wasn't interested in the MP3.com IPO since I wasn't going to be in at the offer price ... As for being the "winner" I once learned that "winning" is a single epoch ... a point in time ... not something that lasts for an extended period. Once you "win" you start the race all over ... so I think that we agree that it ain't over till it's over ... and it ain't going to be over for a long time ... ;-) MP3 is currently the foundation for the bulk of the exchange of music on the Internet. Not the "above board" commercial transactions, but the "underground" exchange of music. Just now as I was writing this, CNN displayed a "factoid" that stated that "MP3" has now replaced "sex" as the most searched for term on the Internet! If that doesn't tell you something ... > There are contenders such as LQID and the SDTI issue. It is still a > wide open field. I can fully support RNWK's approach at this stage. I'm currently doing some research into LQID per the questions earlier today ... I looked at their stuff years ago ... the difference is the ubiquity of the medium. All of the tools are out there for free to utilize the power of MP3 ... this creates the overwhelming support for the format and products. Why not support it? If we are talking about "superior technology" then I have to go back to the arguements of VHS vs. Betamax ... obvious which one was superior ... also obvious which one dominates today ... I have been a strong supporter of RNWK since they first release RealAudio as Progressive Networks ... I also am impressed with Rob Glaser. I'm simply stating that I believe that the market is heating up, and that they are falling short on their MP3 efforts ... > It is a fact that RNWK was the first one in the field of streaming > audio and video and as a RNWK investor that is very reassuring. > Another reassuring incident is that in the past 2 weeks RNWK has > bucked the "considerably" downward trend of the Internet sector. I agree completely ... I bought RNWK a long time back @ $14.25 (yes ... pre-split) ... it was a "no brainer" to me at the time. What I like to call "inevitable technology" ... I'm also impressed that they are using advaced codecs and transport protocols. But I'm not impressed at the lack of MP3 support, which they could grab and control, while AOL, Apple, and others are starting to pick up steam and move into this area. I'd just like to see some other moves made to ensure the continuation of their dominance ... > Regards Scott C. Lemon