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


To: RobbRacer who wrote (578)8/15/1999 11:14:00 PM
From: Pink Minion  Read Replies (1) | Respond to of 1794
 
You sound a lot like me whining about AOL in 1994. Netscape in 95, etc, etc.

This might be a great short when supply is increased, but until then it reminds me of a short killer bigger than Jaws.

I'd at least wait until those other guys go public. I would think the crims would want RHAT to go up for those guys.

JMHO,

MH



To: RobbRacer who wrote (578)8/16/1999 12:02:00 AM
From: realmoney  Respond to of 1794
 
Excellent post Robb!! Nice to see someone pointing out the "actual" market forces behind this stock's run and the same forces that will bring it back to earth.



To: RobbRacer who wrote (578)8/16/1999 12:54:00 AM
From: Eric Sandeen  Respond to of 1794
 
The affinity shares (about 800,000) were not available for sale until Friday after 3PM. If you were in their position with a four bagger you were very upset with the way ETRAde screwed with your delivery and will probably sell as soon as possible to lock up gains.

In the interest of keeping facts straight, I'll just mention that I was in the affinity group, and I had shares in my account Wednesday night. And I have not yet sold... From what I've heard, there probably were some people who didn't get them until Friday, but I don't know what percentage that was.

Other than that, I mostly agree with your post - I have no idea who's buying at $85!



To: RobbRacer who wrote (578)8/16/1999 7:51:00 AM
From: Kimberly Lee  Respond to of 1794
 
After speaking to friends at Etrade and several RBAT affinity members, it appears that the majority (at least 85%) of the 800,000 shares were allocated and placed into affinity members' accts on Wednesday, August 11. Those who wanted to sell have already sold, and most of the flippers regretted it that they sold too early in the 40s on Wednesday.