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


To: Kimberly Lee who wrote (911)9/7/1999 3:44:00 PM
From: Nelson Chang  Read Replies (1) | Respond to of 1794
 
RHAT is now trading very thin on the sell side.

This is the first time since IPO that I have seen more buy orders than sell orders on Island. Extremely thin, 145 buy orders to 20 sell orders, not counting the size of the orders.

For those of you who don't understand this, this is the same type of activity I have seen in RBAK and JNPR prior to their run.

No one wants to sell, and when people are fighting for shares, the inevitable happens - regardless of price, regardless of valuation, regardless of industry competition...

...beware of the daytraders that will now flock these boards...



To: Kimberly Lee who wrote (911)9/7/1999 3:52:00 PM
From: ynot  Read Replies (1) | Respond to of 1794
 
you did and i said it was possible and i thank you again,
i got out $69 and below to spend time and energy on other projects
markets seem like they want to go up, but i wouldn't recommend RHAT either way for a bit
PHCM going to the moon as well, if it pops at close, towards, $200 maybe
regards,
ynot ;)