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


To: wayne buckman who wrote (632)8/17/1999 10:43:00 AM
From: ynot  Respond to of 1794
 
RHAT is a good step child being run like a greased pig by the ugly step mother and step daughters (VC's+some media), imho
RHAT goes to low $20's, imho

ok now with that out of the way :)
notice VC's waited until Wed, reason here is max hype for three days and weekend, US brokers couldn't short until Mon/Tues, i think
were hoping for 'suckers' to buy so momo unstoppable by Monday,
notice $14 is IPO price, why?
funds 'participating' can show HUGE gains for monthend statements and NOT be tempted to sell

problems,
RHAT LINUX is not the only linux
service is the real product, MANY competitiors
IPO stampede for cash, RHAT story will/is history now
FUNDS desperate to show winners will sell, inuts in downdraught
some MEDIA actually report responsibly, ie RHAT is a PIG
--Harmon took the time to post SUNDAY 4am RHAT fantasy(my word)
pumpsters here and other threads out in full force
BUT stock is not a 'penny' ;) they get nervous
etc.....

good luck and all imho and for entertainment purposes
ynot ;)