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Technology Stocks : Red Hat Software Inc. (Nasdq-RHAT) -- Ignore unavailable to you. Want to Upgrade?


To: Mohan Marette who wrote (458)8/13/1999 9:52:00 AM
From: Scott H.  Read Replies (1) | Respond to of 1794
 
I'm out for now...sold all my shares that I picked up Weds at 43.75 forr 88 3/16. More than a double in 48 hours is good enough for me. If I had a pair of brass ones, I'd short this now.



To: Mohan Marette who wrote (458)8/13/1999 10:03:00 AM
From: TimeToMakeTheInvs  Read Replies (2) | Respond to of 1794
 
Mohan, I could kick myself for selling my measly 50 shares yesterday at 76 - got them in the IPO. Oh well..... tim



To: Mohan Marette who wrote (458)8/13/1999 10:17:00 AM
From: $Mogul  Read Replies (1) | Respond to of 1794
 
yep RHAT is MANIA at this point!



To: Mohan Marette who wrote (458)8/13/1999 12:20:00 PM
From: David Lee  Read Replies (2) | Respond to of 1794
 
Mohan and all --

Well, yes "nosebleed" territory at $5.6B capitalization. However, I can certainly see it going higher since we are turning over the total float each day, the cost averages for people are getting higher and higher.

The question is (please respond anyone with a Series 7 or whatever) when can the institutions and insiders start to sell? On day one, the public float was only 6M, but I'm sure it's way way higher if the insititutions are able to sell. Does anyone know the rules here?

Thanks,

David